Tuesday, February 10, 2009

$819 Billion?

The Stimulus passed yesterday and it apparently disappointed most on Wall St. Did 819 billion dollars not suffice or did the package not include enough handouts for everyone? In any case, the board showed red and there were very few winners:

Dow -381.99 -4.62%
Nasdaq -66.83 -4.20%
S&P -42.73 -4.91%

The numbers are not historical but pretty low nonetheless.

Here is a very nice breakdown of the 819,000,000,000 USD, provided by the Washington Post.


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