harold’s blog…a work in progress

observations through among other things, a financial lens

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fwiw: thursday

June 26th, 2008 · No Comments

The Dow’s retreat today sent the gauge below this year’s closing low, erasing all the gains since mid-March that were spurred by JPMorgan Chase & Co.’s rescue of Bear Stearns Cos., a drop in the Federal Reserve’s benchmark interest rate to 2 percent and the central bank’s new lending programs for securities firms.

banks hurting

beating inflation, working your blog

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