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How the Dow Jones industrials fared Thursday
(AP)

March 13th, 2009 · No Comments

A view of the Metropolitan Correctional Center in New York March 13, 2009. Former Nasdaq stock market chairman Bernard Madoff is leaving the luxury of his Manhattan penthouse to become just another inmate in a crowded jail. His new surroundings at the Metropolitan Correctional Center, across from the federal courthouse in lower Manhattan, will be a far cry from the opulent lifestyle to which he has been long accustomed. Madoff pleaded guilty on Thursday to orchestrating the biggest investment fraud in Wall Street history.    REUTERS/Brendan McDermid (UNITED STATES CONFLICT SOCIETY BUSINESS POLITICS)AP – Stocks rose for the third day Thursday after an accounting board told Congress it may recommend a let-up in accounting rules for troubled banks. Retail sales figures also came in better than anticipated, General Electric Co. saw its credit rating cut by less than expected, and General Motors Corp. said it will not need a $2 billion loan it previously requested from the government.




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[Source: Yahoo! News: Business]

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