On its late night news show, the local Fox affiliate had "experts" telling people not to panic and to hold onto their stock. They gave the same advice back in November, when the market first began to plummet. Investors would be almost 20 percent richer if they had done the opposite of what the experts had recommended back then. It's too bad that people can't sue Fox for their losses, then maybe Fox would try to find experts who had some idea what they were talking about.
--Dean Baker
