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9/30/08

AP Still Pushes Bailout After Dow Surge

Markets Surge After Historic Sell-Off

(AP)- "Wall Street snapped back Tuesday after its biggest sell-off in years amid growing expectations that lawmakers will salvage a $700 billion rescue plan for the financial sector... Without a bailout plan in place to absorb soured mortgage debt and other bad loans from battered banks, investors are left wondering what might restore confidence in lending."


Usually when the market surges 500 points that means people are confident, call me crazy.

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