Senator Dodd helps Obama with his recovery plan?
What you say? Comment by Wall Street sinks Senator bank Friday, February 20, 2009, 1:06 PM EST Yahoo! Buzz Print NEW YORK (Reuters) – U.S. stocks extended losses on Friday and the S & P down almost 2.5 percent on U.S. Senator Christopher Dodd said that the nationalization of banks is a possibility, according to a Bloomberg report. * Shares of Bank of America (NYSE: BAC – News) and Citigroup (NYSE: C – News) has lost over 22 per cent lower in the new session. * The Dow Jones Industrial (DJI: ^ DJI – News) fell 180.80 points, or 2.42 percent, to 7285.15. 500 shares of Standard & Poor's (^ SPX – News) fell 20.26 points, or 2.60 percent, to 758.68. The Nasdaq Composite Index (Nasdaq: ^ IXIC – News) fell 18.75 points, or 1.30 percent, at 1424.07.
What a surprise. Dodd screwed something else. Hey … Was there ever to see the mortgage papers he has promised?
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