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Stocks lower as Paulson unveils change in bailout (AP)

Started by riky, November 12, 2008, 07:03:15 PM

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Stocks lower as Paulson unveils change in bailout
    (AP)

 



<p>You are not allowed to view links. Register or LoginAP - An already disheartened Wall Street turned sharply lower Wednesday after Treasury Secretary Henry Paulson said the government won't buy banks' soured mortgage assets after all, disappointing investors who hoped to see the bad debt wiped off companies' books. The Dow Jones industrials fell more than 270 points, and all the major indexes dropped more than 3 percent as the market retreated for a third straight session.</p><br clear="all"/>


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