Jay Hancock's blog: Dow down only 100 after first half hour - Business news: Stock markets, banks and economic observations with columnist Jay Hancock

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March 17, 2008

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.

Posted by Jay Hancock at 10:00 AM | Permalink | Comments (0)

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About Jay Hancock

Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.

Follow @jayhancock1 on Twitter