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Meltdown in U.S. finance system pummels stock market

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Posted: Monday, September 15, 2008 7:39 am | Updated: 10:30 pm, Fri Oct 7, 2011.

NEW YORK - The upheaval in the American financial system sent shock waves through the stock market Monday, producing the worst day on Wall Street in seven years as investors digested the failure of one of its most venerable banks and wondered which domino would be next to fall.

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