Saturday, October 4, 2008

Bailout passes

Congress passed th $700 Billion bailout yesterday. Surprisingly, the market quickly dropped 450 points ending the day with a loss of 157.

Thank god this week is over.

The DOW opened this week at 11,431 and closed on Friday at 10,325. UGLY

C lost 18.44% (-$4.15) as Wells Fargo announced they are buying Wachovia thus bumping C's takeover attempt off the table.

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