Business
Stock Prices Slide Again
Stocks continue to see big declines in the aftermath of the AIG bailout. Investors are sending many financial stocks down further with the Dow down more than 300 points.
The two independent Wall Street investment banks left standing -- Goldman Sachs and Morgan Stanley -- remain under scrutiny, as does Washington Mutual, the country's largest thrift.
The stock market is seen likely to experience further heavy back-and-forth movement as traders continue to assess the flood of news that has poured in over the past several days.
© Copyright 2009, Associated Press
(2008-09-17)
NEW YORK
(Associated Press) -
Stocks continue to see big declines in the aftermath of the AIG bailout. Investors are sending many financial stocks down further with the Dow down more than 300 points.
The two independent Wall Street investment banks left standing -- Goldman Sachs and Morgan Stanley -- remain under scrutiny, as does Washington Mutual, the country's largest thrift.
The stock market is seen likely to experience further heavy back-and-forth movement as traders continue to assess the flood of news that has poured in over the past several days.
© Copyright 2009, Associated Press





