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The market was 500 trades away from Armageddon on Thursday, traders inside two large custodial banks tell The Post.
Had the Treasury and Fed not quickly stepped into the fray that morning with a quick $105 billion injection of liquidity, the Dow could have collapsed to the 8,300-level - a 22 percent decline! - while the clang of the opening bell was still echoing around the cavernous exchange floor.
- Mike Rivero
- Ethan Allen and...
Member Submitted News
Trump says he will pull the US out of the World Trade Organization if they try to block his proposal to tax companies who move overseas.alexmark
China BANS Internet News, Prohibits All Forms of "Original Reporting" Very Much In The Same Way That The DNC Would Preapprove Articles By Washington Post Or Segments By MSNBC Or CNN.alexmark
#DNCLeak: DNC instructs staff to covertly spread article depicting @SenSander's supporters as violent1newsjunkie
WikiLeaks editor Julian Assange interview with @DemocracyNow on #DNCLeak (segment starts 13min 30secs in)1newsjunkie
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