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Wall Street convulsed at the news, tanking 680 points, and Washington pledged even more help to try
Tuesday, December 02, 2008 profit.ndtv.com
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Business
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Put it in the history books: The country was officially diagnosed with a job-killing recession on Monday, and woeful new evidence showed it's getting worse. Wall Street convulsed at the news, tanking 680 points, and Washington pledged even more help to try to ease the pain.
With the economic pain likely to stretch well into 2009, Federal Reserve Chairman Ben Bernanke said Monday he stands ready
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