Whiplash Ends a Roller Coaster Week
The Dow has never had a week that bad in its 133-year history.
It was one of the wildest moves in stock market history, and perhaps a fitting conclusion to the worst week in at least 75 years. The Dow and the broader Standard & Poor’s 500-stock index both closed down 18 percent for the week...The S.& P. has fallen slightly more only twice before — in 1929 and 1933. This month was the first time that the S.& P. had fallen by more than 1 percent for seven days in a row.
October 10, 2008
http://www.nytimes.com/2008/10/11/business/11markets.html?ref=us&pagewanted=all