"Markets Slide as Wall Street Sees Signs of Trouble"
"The steep drop happened on the 20th anniversary of the one-day plunge that came to be known as Black Monday. And it capped a week in which the market was hit with a battery of poor earnings reports, particularly from large banks.
It also served to remind investors of the economy’s broader problems: the housing slowdown and the tight credit markets."
http://www.nytimes.com/2007/10/20/bus...
"Markets Slide as Wall Street Sees Signs of Trouble"
"The steep drop happened on the 20th anniversary of the one-day plunge that came to be known as Black Monday. And it capped a week in which the market was hit with a battery of poor earnings reports, particularly from large banks.
It also served to remind investors of the economy’s broader problems: the housing slowdown and the tight credit markets."