Wall street declines as Feds cut rate

Dec. 11 - A big decline on Wall Street as the Fed cuts interest rates again, but less than some had expected. The US central bank cut interest rates for a third straight time -- lowering the fed funds rate another quarter point to four and a-quarter percent. Many on Wall Street had been betting that a half point cut would be what the economy needed to help it climb out of a housing slump and a sub-prime mortgage mess. REUTERS VIDEO