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The captain of the sunken ferry in South Korea was formally charged and is in custody, state-run media reported early Saturday, citing prosecutors and police. Erin Burnett has more.
November 21st, 2011
05:18 PM ET

Dow drops nearly 250 points on debt deal failure

The Dow closed nearly 250 points down Monday amid news of the Super Committee's failure to reach a deficit deal. CNN's Erin Burnett joined Wolf Blitzer to break down the impact of today's news on Wall Street.


Filed under: Economy
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