Wall St, Not Main St, Blamed for Slide
By Huw Jones
NEW YORK (Reuters) - A week that began with talk of a patriotic rally on Wall Street, ended on Friday with its worst loss since the Great Depression of the 1930s.
So who hit the sell button?
Just about everyone, but institutions more than small investors, according to analysts, fund managers and stock watchers. But Main Street also did its share of selling.
``It's mostly the institutional investor, with some hedge fund activity, but I don't get a sense it's a lot on the individual investor side,'' said Jon Brorson, director of equities for Northern Trust Corp, part of a group that manages $390 billion.
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