Dow Drops 411 Points After Paulson Changes Bailout Plan

Wall Street had a bad reaction to Paulson's statement that the bailout funds won't be used to buy illiquid assets. Sales figures from Best Buy also worried investors

Wall Street got some promised financial relief yanked away by Treasury Secretary Henry Paulson, sending stocks sharply lower on Wednesday. Paulson urged expansion of TARP funds, but said that money won't be used to purchase illiquid mortgage-related assets of financial institutions as originally planned.

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