Image: Debate prep: Dow falls a whopping 733 points
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Debate prep: Dow falls a whopping 733 points

In a conference call Wednesday morning, JPMorgan CEO Jamie Dimon told analyst Meredith Whitney, "If you are not fearful, you're crazy."

Wall Street investors, then, would appear to be sane.  And terrified. The market rout continued Wednesday: The Dow Jones industrial average closed  down more than 733 points, or about 8 percent. The S&P 500 did even worse, down 9 percent.

In New York, Federal… » Full Story on Salon.com
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