affirmation of a recession in us 5th april, page-4

Shares of U.S. financial stocks fell on Thursday as broad losses in the brokerage sector dragged the broader market lower. The brokerage sector was sharply in focus Thursday morning shortly before the Senate begins hearing to question Fed and Treasury officials, as well as top executives from J.P. Morgan Chase and Co and Bear Stearns top executives about Bear's collapse and sale. Further worrying investors, a report in the Wall Street Journal Thursday morning said that Fed has placed staff inside the Wall Street's five biggest investment banks in a move tied to its recent decision to lend money to Wall Street firms.

The whole thing is fixed.