Stock Market continues to plummet.....

[marmar]

Overview »
Dow 10,817.20 -241.82
Nasdaq 2,148.54 -59.36
S&P 500 1,180.62 -32.98


http://www.marketwatch.com/

[AllieB]

1. You would figure that the AIG bail out would be good news for the Street.

Big business loves when risk is socialized and profits privatized.

[tekisui]

3. That trick was good for one day. Testerday's gains are wiped away now.

[Critters2]

2. Been dropping consistently since the open.

More so than Monday. I shudder to think where it'll be at the close.

[TexasObserver]

4. it's sinking in that the government can't bail out everyone

Even if AIG is saved, what of all the others at risk? The problem is in the trillions of dollars, so they can slap these 85 billion dollar band aids on AIG or other companies, but they can't fix a gaping, profusely bleeding wound with band aids.