On Wednesday, December 2, 2009, 443 days after the beginning of the current financial crisis, the Dow closed at 10,452.68, 3,712 points below its peak of 14,164.53 on October 9, 2007. The Fed announced "modest" economic improvements on the heels of a slight rise in consumer spending, while GM looks to replace CEO Fritz Henderson, who stepped down after just eight (admittedly brutal) months on the job. Americans processed President Obama's announcement of a 30,000-troop "surge" in Afghanistan, while legislators struggled to get their minds around its $30 billion price tag.
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(This feature is from a new business-oriented website to be produced by Atlantic Media and to debut in March.)