« Bear Stearns bailout: nationalization in all but name | Main | Legg Mason Value Trust: Bear Stearns effect not disastrous »

Dow down only 100 after first half hour

Dow was down only 100 at 10 a.m. Teetering between relief that Bear Stearns can still honor its obligations (thanks to the Fed bailout) and shock that Wall Street's (formerly) fifth-largest investment bank is worth $2 a share.

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

Please enter the letter "z" in the field below: