Power Point: Stop the speculationFebruary 13, 2009: 6:16 PM ET
"This is the greatest orgy of speculation we've ever had in our U.S. stock market."
--Vanguard Group founder John Bogle, from an interview with CNNMoney. On Tuesday, following Treasury Secretary Tim Geithner's introduction of the Financial Stability Plan, the Dow dropped 382 points, or 4.6%, closing at its lowest level since Nov. 20. "We used to go for years with no 3% changes in the market," Bogle noted. "We've had 25 3% ups and downs in the last year."
Today was another down day for the markets. The Dow slid 82 points, or 1%. There are no simple answers to this mess, notes Bogle. "We earned our way into it and we're going to have to earn our way out of it." --Jessica Shambora