Bailout bill fails; the credit markets freeze up

Today’s 777 point drop in the Dow Jones industrial average is certainly alarming. But how’s our old friend, the TED spread, doing? Not well:

592297_080929_ted5.jpg
592297_080929_ted5.jpg

Today's 777 point drop in the Dow Jones industrial average is certainly alarming. But how's our old friend, the TED spread, doing? Not well:

Today’s 777 point drop in the Dow Jones industrial average is certainly alarming. But how’s our old friend, the TED spread, doing? Not well:

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