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Wednesday, May 5, 2010

A brutal day for the euro: Falls to lowest levels since 2008

There’s an old saying on Wall Street that stocks take the stairs up and the elevator down. Boy was that true today. You might even say that some people took an even faster way down - out the window.

If you’re living in Greece, Spain or Portugal that probably sounds pretty good right about now. Today was a disastrous day on just about any level.

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