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Looks like Helicopter Ben's rescue is failing to stimulate the markets.....

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-14-08 09:30 AM
Original message
Looks like Helicopter Ben's rescue is failing to stimulate the markets.....
DOW JONES INDUSTRIAL AVERAGE IN(DJI: ^DJI)
Index Value: 11,099.16
Trade Time: 10:28AM ET
Change: -1.38 (-0.01%)
Prev Close: 11,100.54
Open: 11,103.64
Day's Range: 11,097.53 - 11,235.86
52wk Range: 10,908.60 - 14,280.00


http://finance.yahoo.com/q?s=%5EDJI

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ChairmanAgnostic Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-14-08 09:33 AM
Response to Original message
1. curious, what's source of that nickname?
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-14-08 09:34 AM
Response to Reply #1
2. I'm assuming it came from the rescue of Bear Stearns......
.... but perhaps it predates even that.

Swooping in on a helicopter to perform the rescue, and all that....


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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-14-08 09:51 AM
Response to Reply #2
3. Blackhawk down!
:shrug:

From the people who brought you the melt-down ... a transfusion of taxpayer funds but no correction whatsoever to the underlying problem.
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-14-08 09:57 AM
Response to Reply #3
4. "Blackhawk down!"
:) Someone needs to use that on one of those Sunday talking heads shows. (Not that they would ever invite a guest who'd be brave enough to use that phrase.)

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soothsayer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-15-08 01:05 AM
Response to Reply #1
5. He once said he would throw money out of helicopters if that's what it took to fix the economy
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