Panic on Wall Street: A brief history of fear

If there's any reliable guide to market panics, it would be George Washington. Atop his granite pedestal, with its commanding view of the intersection of Broad and Wall streets, he has witnessed more than a century of financial mayhem. Being cast in bronze, he can't convey the lessons of history so directly. But chief among them is: Panics are precisely the moment you need someone of his stature (roughly 12 feet).

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[Source: Financial news of the day - CNNMoney.com]