Paulson's $100 billion "Bankers Bankruptcy Fund" and the G-7 Fiasco
By Mike Whitney
Friday's bloodbath on Wall Street proved that the troubles in the credit markets have not been relieved by the Fed's rate cuts. The Dow Jones slipped 367 points on the 20th anniversary of Black Monday, the stock market's biggest one-day loss in history. Since Friday, Asian markets have plunged; stocks are down sharply in Japan, Australia, Hong Kong, Indonesia, the Philippines, Taiwan and South Korea.
http://www.informationclearinghouse.info/article18601.htm
http://freepage.twoday.net/search?q=Mike+Whitney
Friday's bloodbath on Wall Street proved that the troubles in the credit markets have not been relieved by the Fed's rate cuts. The Dow Jones slipped 367 points on the 20th anniversary of Black Monday, the stock market's biggest one-day loss in history. Since Friday, Asian markets have plunged; stocks are down sharply in Japan, Australia, Hong Kong, Indonesia, the Philippines, Taiwan and South Korea.
http://www.informationclearinghouse.info/article18601.htm
http://freepage.twoday.net/search?q=Mike+Whitney
rudkla - 22. Okt, 23:40
