U.S. stock indexes tank as crude touches new high

Dandelion Salad

By Kate Gibson
MarketWatch
July 11, 2008

Fannie and Freddie shares under siege; no bailout on horizon, Paulson says

NEW YORK (MarketWatch) — U.S. stocks sank Friday, with the Dow industrials falling below the 11,000 level for the first time since August 2006, as the price of oil climbed and investors contemplated the possible demise of mortgage buyers Fannie Mae and Freddie Mac.

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2 thoughts on “U.S. stock indexes tank as crude touches new high

  1. Pingback: Event Horizon by James Howard Kunstler « Dandelion Salad

  2. Hello Lo, I bet when you lifted the corner of the carpet on this economic mess all those many months ago ,you did not expect to find such a neverending fiasco , thanks again for all of your sterling work , hope you are enjoying life , your music , and your garden,all the best ,t.

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