Monday, August 8, 2011

Nightmare on Wall Street: welcome to reality Fanny and Freddie!

Today was the sixth-worst point decline for the Dow in the last 112 years…

The Vix, a measure of market volatility and fear among investors, shot up 50 percent. That was its steepest rise since February 2007…

 What will tomorrow bring? Will Freddie fail? Will Fanny wail?

Todays installment on this horror show:

Nightmare on Wall Street; Dow takes 635-point tumble after S&P downgrades US credit


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