Gut-wrenching session
The AP leads this way:
Wall Street seesawed Friday, with the Dow Jones industrials dropping nearly 700 points in the early going and fluctuating wildly in the last hour while investors looked for bargains after eight straight days of massive losses. The Dow still headed for its worst week ever as investors still worried about credit markets that remain near paralysis.
The Dow finishes the day off 128 points.
12:56 PM Friday, October 10 2008 • Link
Email or share:
Email or share:
© 2003-2008 • About LA Observed • Contact the editor
| The new owner is Minneapolis-based US Bancorp, which suddenly becomes a much bigger player in California and Arizona.
| Forget plastics, the real action these days is arranging going-out-of-business sales.
| Without referencing its recent layoff, the Ventura County Star's editor says the suburban LA paper is now "more streamlined and, in many ways, much more efficient."
| We stripped the Indians of their ponies, and now we're doing it to ourselves.
| When the sun looks like that, there's a big fire somewhere regardless of whether we see or smell smoke.
Lee Abrams, Tribune Company's chief innovation officer, doesn’t seem too impressed with the Los Angeles Times. That’s the feeling I got when he appeared at the Los Angeles Press Club.
Seven or fifteen minutes from now I can definitively say I didn't hear the sound of sirens.
Sponsors
Premium Blogads
Books, Blogs & Events