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KITV Project Economy: Why Stocks Plunged

Posted September 23, 2011 | Categories: Media

Mahealani Richardson interviews Carl Bonham.

  • A lot of people looked at those stock numbers and made a big gasp. More than 400 points yesterday. What exactly happened in relation to what the Fed was doing for the last two days?
  • We've seen this "panic button" being pushed before so are we going to see more of this in the future?
  • The Fed released what it called Operation Twist. There's really mixed reaction - what's your reaction to this and do you think it will work to boost the economy?

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