Wall Street slides to 12-year low (Reuters)

In this Aug. 5, 2008 file photo, Peter Chernin, president & COO of News Corp., is seen on the floor of the New York Stock Exchange.  News Corp. on Monday, Feb. 23, 2009 said Chernin will leave the company in June. (AP Photo/Richard Drew, file)Reuters – Wall Street slumped to a 12-year low on Monday as investors lost faith that the U.S. government will be able to stabilize the financial system.

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