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Entries from Gothamist tagged with 'liquidity'

September 29, 2008

The Dow Jones Industrial Average has fallen over 300 points. Per CNBC, "The CBOE Volatility Index, widely viewed as the best gauge of fear in the market, shot up 8 percent to about 38." This comes in spite of news that Citigroup will acquire Wachovia and that lawmakers have an agreement on the bailout plan. The NY Times reports that Federal Reserve "announced a coordinated move with nine other central banks to vastly increase the......

Continue Reading "Welcome Back: Stocks Immediately Plunge "

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