NYSE official: Stock sell-off different from 1987, 2001:

01/22/2008 | Reuters

A stock sell-off in recent days does not compare with recession-inducing sell-offs in 1987 and 2001, NYSE Euronext deputy CEO Jean-Francois Theodore said. "It is fundamentally a credit crisis and the share markets are reacting to its consequences. It is not a stock market crisis such as we saw in 2001 and 1987," Theodore said.

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