The reaction of Wall Street and foreign exchanges reflected a sense that something was happening finally that might begin to restore public confidence.
Wall Street's reaction: It has lopped 56% off the company's market value since late July, an even steeper drop than the average 23% slide for Internet stocks.
This is because their promoters want to create a different rationale for investment, a direct reaction against the excesses of Wall St and the City, which in turn is an opportunity for people to invest money for returns that might not be measured only in dollars.
Inverness Medical Innovations suprised Wall Street Tuesday with a guidance cut, and the reaction was a swift drop, with shares losing a fifth of their value.
Mutual funds have seen a muted reaction by investors in the wake of the weekend's tumultuous events on Wall Street, as investors eschewed panic Monday and instead appeared to take the turmoil in stride.