(Untitled)

[daoistraver]

Stock Market Meltdown

Already the big investment banks are taking on water. Merrill Lynch has fallen 22% since the start of the year. Citigroup is down 16% and Lehman Bros Holdings has dropped 22%. According to Bloomberg News: “The highest level of defaults in 10 years on subprime mortgages and a $33 billion pileup of unsold bonds and loans for

Comments

[mcfnord]

i'm not sure how to respond to all this. buy yen?

[daoistraver]

Commodities are usually good in situations like this.

[bibble]

LET IT COME DOWN!

[adayinthelife]

i'm ready for the end

[scottopic]

The Masters of the Universe, this whole Wall Street thing - it's over

[scythedriver]

sounds like war to me...

[angry_man]

So is it all starting to unravel now? (I hate being a Cassandra sometimes)