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Old 02-10-2009, 03:25 PM
rgcraig's Avatar
rgcraig rgcraig is offline
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Re: Obama's 1st address to the nation

The stock market gets it -

Stocks tumble after gov't unveils financial plan

Quotes Symbol Price Change
^DJI 7,888.88 -381.99
^GSPC 827.16 -42.73
^IXIC 1,524.73 -66.83

AP – Trader Andrew O'Connor watches the numbers as he works on the floor of the New York Stock Exchange, Tuesday, … NEW YORK – Investors are frustrated with the government's latest bank bailout plan — and showing it by unloading stocks.

Financial stocks led the market lower, reflecting Wall Street's growing concerns about the government's ability to restore the health of the banking industry.

Traders and investors said the lack of specifics from Treasury Secretary Timothy Geithner on how the government would direct more than $1 trillion in public and private support was troubling.

http://news.yahoo.com/s/ap/20090210/...re/wall_street
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