US stocks tumble after government bailout of AIG


  • Business
  • Thursday, 18 Sep 2008

NEW YORK: Wall Street plunged again Wednesday as anxieties about the financial system ran high after the government's bailout of insurer American International Group Inc. and left investors with little confidence in many banking stocks.

The Dow Jones industrial average lost about 450 points, giving it a shortfall of more than 800 so far this week.

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