Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (418924)	9/22/2008 1:58:10 PM
From: tejek	Read Replies (2) of 1575180

Oil spikes $10 a barrel on anxiety over US bailout (AP:NEW YORK) Oil prices are spiking more than $10 a barrel as anxiety over the U.S. government's proposed bailout of the financial system batters the dollar and sends investors scrambling for safe-haven assets. Investors worried Monday that the mammoth $700 billion rescue proposal will dramatically ramp up U.S. borrowing, an inflationary move that sent the dollar sharply lower versus its rivals. Light, sweet crude for October delivery was up $11.80 to $116.35 on the New York Mercantile Exchange.

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