Tag Archive | "deleterious effects"

Benchmark: Troubled waters

Monday, September 29, 2008

Another rough day for investors this Monday. As it became clear that the American House of Representatives would reject the authorization law for the executive’s $700 billion financial sector bailout plan, commodities began to tank. Oil futures shed more than $10 of their value during the day, dropping to $96.37 per barrel.

Oil Price Chart
Asides