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October 3, 2008

Wall Street Pwns Congress

-- by Dave Johnson

The Senate passed the bailout bill Wednesday night and the Dow dropped about 350 points yesterday. Nasdaq dropped about 4%.

The House passed the bill today, and the Dow, which was at plus 260, dropped to minus 160. How many points of a drop is that, anyway? Nasdaq down 29.

But hey, thanks for the money, suckers!

Note: The word 'pwned' isn't spelled wrong. It "implies domination or humiliation of a rival."

Posted by Dave Johnson at October 3, 2008 12:46 PM


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