Panic on wall street
Posted: Wed Jan 23, 2008 3:28 am
However, many analysts supported the Federal Reserve's actions, despite falling share prices.
"This major move might seem like a panic response to the plunge in stock prices, but it also makes sense," said Dick Green at Briefing.com.
"The markets are in a panic, and the Fed needed to respond in kind."
I guess that means the Federal Reserve responded by panicking,:lol: