9/11 -- St. Petersburg Times Special Report

Sunday, Sept. 1
  • Florida: Terror's launching pad
  • The 19 plotters and their day of terror
  • Remembering

    Monday, Sept. 2
  • When tragedy meets capitalism
  • '9/11 fatigue' is natural, mental health experts say

    Tuesday, Sept. 3
  • Coping as a kid
  • Eric Deggans: 9/11 documentary asks troubling questions about religion
  • Sept. 11 photograph exhibit opens

    Wednesday, Sept. 4
  • Millions in new funding don't guarantee security
  • Donations to local charities slow in months after attacks
  • Sept. 11 donations swamp charities
  • Bush to visit three attack sites on 9/11

    Thursday, Sept. 5
  • Attack anniversary is living history lesson
  • Trading fallback system improved
  • Future of site still beset by debate

    Friday, Sept. 6
  • Senate approves plan to allow armed pilots
  • Dream job becoming demoralizing
  • New plane doors would withstand gunfire
  • What ever happened to ... Those patriotic paint jobs?
  • The other 911
  • Consolidated for the cause

    Saturday, Sept. 7
  • In chaos, TIA tower controlled 9/11 skies
  • Congress, N.Y. reaffirm solidarity
  • Traveling can be nicer in rougher countries
  • For TIA workers, 'normal' not what it used to be
  • Airlines don't see relief over horizon
  • Terror only one blow to tourism
  • A year later, it's the home fires that burn brightly
  • Flying the flag

    Sunday, Sept. 8
  • 125 Cedar Street
  • The drama in Sarasota
  • Cautious, yes, but still traveling
  • As security increases, fervor fades
  • Rising risks
  • Finding lessons in rubble of tragedy
  • Public loss, private grief
  • Duty calls; he goes; they wait
  • Riled residents show true colors
  • Keeping her distance
  • Which way leads up?
  • For the record
  • 45 Questions
  • A lexicon of terror, post-9/11
  • Before attacks, this was the news
  • Other events on Sept. 11
  • Voice mail delivers, retains final words
  • Keeping us rolling
  • 9.11
  • How we'll view it

    Monday, Sept. 9
  • The residue of terror
  • Patriotism is more than emotion
  • What ever happened to . . .: Our religious fervor?
  • The nightmares return
  • Life has the right-of-way
  • Free to disagree
  • 'Time has not healed the pain'
  • Deputies to step up patrol for anniversary
  • Security upgrade since 9/11 slow, steady
  • Enthusiasm for PHCC's security classes dissipates
  • Teachers untangle Sept. 11 lessons
  • A bumpy year for business
  • The man who would have led Afghanistan
  • People who made the headlines

    Tuesday, Sept. 10
  • Multitude to gather to wave U.S. flags
  • Pictures evoke profound feelings
  • Attacks haven't boosted sales of cell phones
  • Schools discover ways to reflect on attacks
  • Flags still wave, but sales fall from peak
  • Three fathers lost
  • Telemarketers easing up on 9/11
  • Nuclear plant adds security layers to prevent terrorism
  • Cough, stress hinder emergency workers
  • Families of missing sit in limbo
  • Places of importance after the attacks

    Wednesday, Sept. 11
  • Remembrance and renewal
  • Flags Along the Bayshore: Tampa Remembers 9/11
  • Ways of remembering
  • A piece of paper . a blue and white truck
  • Is America ready for another attack?
  • Nation to honor victims in silence
  • Poll: Compassion remains
  • The war so far
  • Terror update
  • Attack on Iraq would test headquarters at MacDill
  • 09-11-01 Perspectives
  • Those who died in the attacks
  • Myriad rescue agencies trust their link won't fail
  • Photo gallery
  • (This Flash gallery requires the free Flash Player 5+.)

    Thursday, Sept. 12
  • Emotional service honors those who died selflessly
  • Elements of pride
  • Echo of 9/11 empties airport
  • A day full of tributes, flags and questions
  • Prayer, fellowship pull many through agonizing anniversary
  • Tributes great and small
  • Children in a changed world pause to reflect
  • Citrus recalls 9/11 with its heart
  • Marking the imponderable
  • Ministers assure that God was there that sorrowful day
  • Chime recalls a nation's losses
  • For law officers, day passes quietly
  • Residents gather to heal, remember
  • In big and small ways, our community pays tribute
  • Cities somberly mark Sept. 11
  • Patriotic display greets drivers
  • Day of grief, resolve
  • At county schools, remembrance resounds
  • Travel lags on attacks' anniversary
  • They were us
  • Americans worldwide cautious on anniversary
  • Radical Muslims discuss 'positive outcomes' of Sept. 11
  • Amid grief, Bush gives warning

  • printer version

    Which way leads up?

    The terrorist attacks, the corporate scandals, the sluggish economy ... they've all combined to make investors wonder...

    ©Associated Press
    September 8, 2002


    Wasn't it terrorism that was supposed to do in the stock market? At least that's what most investors thought after the Sept. 11 attacks. Little did anyone know what was ahead.

    A year ago, who would have thought that an insider-trading scandal would plague Martha Stewart or that some former Wall Street darlings like WorldCom and Enron would crumble under accounting scandals?

    And then there's the economy, which was revving up nicely last winter but unexpectedly slipped back again this summer.

    The terrorist attacks set off a bad year on Wall Street, but it wasn't the only thing on investors' minds.

    When Sept. 11 hit, already jittery investors were thrust into a full-fledged panic.

    For months before, the market had been battered by weak earnings, especially in the technology sector, and an economic recession.

    Then the attacks came, and the following weeks were filled with incessant talk of doom and gloom.

    In the first week of trading after Sept. 11, the Dow Jones industrial average plunged more than 14 percent and other major stock indexes collapsed as well.

    But investors' nervousness vanished, almost immediately. A powerfulrally ensued, and by November, indexes were trading at pre-attack levels.

    Investors regained confidence, even shrugging off Enron's bankruptcy announcement in December. It seemed as though Wall Street had roundedthe bend.

    Enter 2002, a year that will go down in history as one plagued by scandal.

    The year's start was almost uneventful, with stocks sticking to a tight trading range. But everything began to unravel by late spring, and by mid-May, the market set off on what became a fierce summer-long selloff that sent the Dow industrials to their lowest level in four years.

    Fueling the decline: A decimation of investor trust due to a rash of corporate scandals.

    WorldCom executives were led away in handcuffs, charged with hiding expenses and lying to investors. Companies including Kmart filed for Chapter 11 bankruptcy protection, and dozens more, including AOL Time Warner, faced investigation by the SEC.

    Even Martha Stewart has been embroiled in an insider-tradng scandal with her selling of shares in drugmaker ImClone Systems.

    As if all this wasn't enough, new signs of a teetering economy soured hopes for a quick recovery.

    The market managed to regain some of its losses in August, but with the summer's end drawing near, what's ahead is still unclear.

    No bad news in recent weeks has boosted investor confidence. But the long list of worries continues to loom over the market.

    When will corporate earnings get stronger or the economy pick up steam? Will there be war against Iraq? Will there be another terrorist attack?

    Just as it was a year ago, the fear of the unknown is the market's biggest enemy.


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