BREAKING NEWS: Dow Recovers From 800 Point Loss, Closes At 300 Point Loss. I guess The Pig With Lipstick Bailout Did NOT FOOL Wall Street!

Read more at the Times, or the excerpt below:

Dow Closes Down About 360 Points, Recovering From 800-Point Drop

In another frantic day on Wall Street, the Dow Jones industrials plunged as much as 800 points before closing with a loss of about 360. Investors sold on a growing realization that the credit crisis is likely to take a heavy toll around the world. The Dow set a new record for a one-day point drop and also fell below 10,000 for the first time since 2004, but recovered somewhat in the afternoon.

Watch the news video: