Almost Armageddon-markets were 500 trades from a meltdown-New York Post
September 23, 2008
By MICHAEL GRAY
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…Full Story
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