[MLUG - DISCUSSION] News Alert: Dow Up 416; Biggest Gain Since '02 (fwd)

[Mike Miller <EMAIL:PROTECTED>]

Breaking News Alert
The New York Times
Tuesday, March 11, 2008 -- 4:23 PM ET
-----

Stocks Surge After Fed Lends $200 Billion to Banks

Wall Street enjoyed its best trading day in more than five
years on Tuesday -- complete with a 400-point gain in the Dow
Jones industrial average -- after the Federal Reserve
injected a burst of financial adrenaline into the ailing
banking system.

Read More:
http://www.nytimes.com/2008/03/11/business/12stox-web.html


Maybe this is the "slap in the face effect" Krugman wrote about yesterday:

http://www.nytimes.com/2008/03/10/opinion/10krugman.html

Mike

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