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Wall Street shakes Main Street

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By Nathan L. McBroom

723 miles.

That's how far Wall Street is from downtown Shelbyville.

That might seem like a long way, but the proposed $700 billion bailout of failing mortgage finance companies will hit pretty close to home.

It would cost taxpayers in Shelby County alone $80 million.

Some people are calling Wall Street's current financial crisis the worst since The Great Depression, causing many nationally and locally to question the wisdom of the bailout and the overall financial stability of the country.


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