10:30 AM: Dow is down 510 points, after a roller-coaster morning. All the stock market indices have plunged again. It’s incredibly alarming that now analysts aren’t comparing this crash anymore to 1987 but to 1929.
General Electric reported a 22% drop in 3rd-quarter earnings, meeting its own lowered forecast and blaming the decline on its struggling finance [...]
Originally posted 2008-10-10 13:53:28. Republished by Blog Post Promoter
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