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Somber Tone on Wall Street

Reading Time: 0 minutes, 13 seconds

The time of "irrational exuberance" on Wall Street is clearly over. Dot-coms have not fared well, but the more traditional blue chip stocks have also suffered. Two egregious examples are AT&T. and Xerox. Scott speaks with Fortune magazine's editor-at-large Joe Nocera about the tough times for these giants of industry.

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