Another Volatile Session on Wall Street

Posted by Patrick O'Connor on 9/16/08 1:58 pm

AIG is still scrambling for cash and the Fed surprised some investors by keeping interest rates unchanged.  As a result, today’s trading session bounced in and out of positive and negative territory 25 times.

Fed could still takeover AIG

Legal hurdles could prevent Fed from putting AIG into conservatorship

Fed keeps rates at 2%

Morgan Stanley announces solid earnings

Goldman Sachs announces weaker than expected earnings

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