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Economy: Stock Market #912347

ABC Evening News for Thursday, Nov 20, 2008
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(Studio: Charles Gibson) Another drop in the stock market reviewed; graph shown.

(Studio: Betsy Stark) The question of where there is a bottom in the market, indications the economy is in decline and conflicting signals about a bailout of the auto industry examined; statistics on the Dow's drop this year, of the decline and the drop in stocks for Citi, Bank of America and JPMorganChase. [W.J. Blum and Sons trader Patrick CASEY†- comments on the late-day selloffs.] [UBS Securities analyst Art CASHIN†- assesses the market and the selling.] [Charles Schwab CIO Liz Ann SONDERS†- comments on the Washington environment.] The view that Treasury Secretary Henry Paulson is winding down his tenure as the man in charge noted.

Gibson, Charles;
Stark, Betsy

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