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Wall Street doesn't like the bailout, I guess.

Posted: Thu Oct 02, 2008 1:05 pm
by coastal89
It's down 360 at 4 o'clock on the day after the senate vote. Seem's to me that they know more about what they're doing than congress and the meddling doesn't go over very well. Monday the house votes and the Dow is down. Tuesday congress takes the day off and the market soars. lol.

You can boil it down to this IMO; what we're looking at is a street fight between Wall Street and K street to see which can influence the economy the most. K Street is winning and that's not good for any working man.

Re: Wall Street doesn't like the bailout, I guess.

Posted: Thu Oct 02, 2008 1:21 pm
by dbackjon
So the dow dropped when it failed, and the Dow dropped when it passed...

Re: Wall Street doesn't like the bailout, I guess.

Posted: Thu Oct 02, 2008 1:44 pm
by AZGrizFan
I think the Dow just drops.