People sit beneath a news ticker in Times Square Thursday, Aug. 4, 2011  in New York. Gripped by fear of another recession, the financial markets suffered their worst day Thursday since the crisis of 2008. The Dow Jones industrial average fell more than 500 points, its ninth-steepest decline ever. (AP Photo/Frank Franklin II)

People sit beneath a news ticker in Times Square Thursday, Aug. 4, 2011 in New York. Gripped by fear of another recession, the financial markets suffered their worst day Thursday since the crisis of 2008. The Dow Jones industrial average fell more than 500 points, its ninth-steepest decline ever. (AP Photo/Frank Franklin II)

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