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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.
Member Submitted News
Project Veritas: Additional Voter Fraud Proof For FEC Commissioner Weintraub Filed With FEC [VID/PDF]alexmark
Pamela Geller: "“They Put Landmines Everywhere”: Obama Admin Loyalists Working to Sabotage Trump White House"alexmark
Nasa to launch a space LASER that will provide internet 100 times faster than current broadband within two yearsmalterwitty
Look familiar? Nasa's Curiosity rover captures the first view of Earth-like gravity wave-shaped clouds on Marsmalterwitty
The 'snake dunes' of Hellas: NASA reveals stunning image of strange shapes on Mars near the largest impact crater in the universemalterwitty
The mini motorcycle that almost made it to the moon: NASA images show the secret project developed in case the Apollo lunar rover wasn't ready in timemalterwitty
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