January 22, 2010

CAN EVEN THE LEFT BELIEVE THAT FOMENTING UNCERTAINTY IS LEADERSHIP?:

Stocks sink again on Obama's pushback on banks (STEPHEN BERNARD, 1/22/10, AP)

Stocks tumbled for the third straight day on uncertainty about President Barack Obama's plans to restrict big banks.

The Dow Jones industrial average is ending down 217 at 10,173 Friday, according to preliminary calculations, its biggest drop since Oct. 30. The Dow is down more than 430 points for the week.

It's the Dow's first close below 10,200 since November.

Posted by Orrin Judd at January 22, 2010 4:27 PM
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