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KNXV_Stocks_20130930131847_320_240

 

“We knew it was going to be dramatic, but the consequences of a U.S. default are just so severe that the base case was always that a compromise was going to be reached,” said Tom Franks, a managing director at TIAA CREF, a large retirement funds manager.

http://www.abc15.com/dpp/news/national/Government-shutdown-update-Senate-debt-deal-sends-stocks-soaring