Detailed text transcripts for TV channel - FOXNEWS - 20100506:20:02:00
>> we know we've never seen a stock market plunge like we saw in a matter of 20 minutes, starting at 2:30. the dow was down 998 1/2 points. that was an intraday record for the industrials. the blue chips lost about 700 points between 2:30 and 3:50 p.m. eastern time this afternoon. what were people selling? everything. stocks, corporate bonds, junk bonds, financial, the only thing that survived was the safe stuff. look how the market plunged. it was stunning, breathtaking, a panic, maybe. but procter and gamble and "fox business" reports this was a human error, a bad trade. they fell 23 points ...
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