Wall Street takes More Loses

  Not that this is news anymore since the market has been going downhill quite a lot as of late.

   The S&P 500 dropped to an 11 1/2 year low supposedly do to fears of a prolonged recession. The fear has brought a major selloff as folks start buying up bonds and what have you issued by the government. Safety in government debt, I guess.

  Today's Indexes

CNN

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Rep. Henry Waxman To Take Over House Energy & Commerce Committee

   This is according to Roll Call (subscription required), which says that the full House Democratic Caucus voted 137-122 for Waxman over current Chairman John Dingell.

  More on this from DKos

Technorati Tags: Henry Waxman,John Dingell,Democratic Caucus,Energy