I’ve Had it With Interesting Times…
Monday, September 29, 2008 — The single largest drop in the U.S. stock market in a single day was today (no wonder we all hate Mondays!) 778 points, equating to roughly $1.2 TRILLION dollars in value that disappeared overnight.
http://money.cnn.com/2008/09/29/markets/markets_newyork/index.htm
I’m still not sure the bailout as-written was really going to stave off the bleeding enough to restore bloodflow (capital) to the market and send that capital to the right areas, but the uncertainty in the wake of the bailout dying on the vine is no good for the economy either.
