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Home : Commercial Loan : Commercial Mortgage Loan : MSN Newsfeeds : 'It was like the dam broke' - Boston Globe

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'It was like the dam broke' - Boston Globe

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On Sept. 29, minutes after Congress rejected a $700 billion bailout, state Treasurer Timothy P. Cahill got an urgent e-mail on his BlackBerry at 1:55 p.m.: "The Dow is down 700 points." He knew instantly what the alert from his staff meant. The ...

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