Words from the (investment) wise for the week that was (October 13 – 19, 2008)

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What a crazy week! A week in which the Dow Jones Industrial Average managed to record both its largest single-day points increase and its second-largest one-day points decline since its start in 1896. Interbank and commercial lending rates started to ease with the overnight Libor rate dropping to 1.66% on Friday from a high of 6.87% on September 30. Read all about this in my weekly review, highlighting some thought-provoking news items and quotes from market commentators during the past week. […]






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