Friday, January 18, 2008

Fed Chief’s Reassurance Fails to Halt Stock Plunge

WASHINGTON — The stock market plunged again on Thursday on bad economic news, taking little comfort from reassuring words by the chairman of the Federal Reserve or an emerging consensus about a stimulus plan that many worry could be too late.
http://www.nytimes.com/2008/01/18/business/18fed.html?hp
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