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Archive Home > 2008 > September > 18 > Stocks tumble in frenzy

Stocks tumble in frenzy

Many investors frantically search for safe investments amid crisis

By Vikas Bajaj / The Bulletin
September 18, 2008

The financial crisis entered a potentially dangerous new phase on Wednesday when many credit markets stopped working normally as investors around the world frantically moved their money into the safest investments, like Treasury bills.

As a result, the cost of borrowing soared for many....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.