Stocks: The Meltdown and the Media

Could the volumeand toneof TV, Web, and print coverage of the market's gyrations actually be making things worse?

Wall Street has been through crises before—1907, 1929, the 1970s, and 1987 all tested investors as much as the financial crisis of 2008. But this time, something is different: Three cable business channels and countless web sites offer 24-hour coverage of financial markets seven days a week.

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