European Central Bank issued a $500 billion loan

The stock market was doing well today on news that the European Central Bank issued a $500 billion loan. This is proof that the struggling credit marking is improving. The Bank of England announced additional reserves and the US Federal Reserve has already auctioned off $20 billion. The Dow Jones Industrial Average was up 100 points up .76 percent for the day with the NASDAQ up 29 points up 1.13 percent for the day.

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This entry was posted on Tuesday, December 18th, 2007 at 8:41 pm and is filed under Human Resources Rants. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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European Central Bank issued a $500 billion loan

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