“Calamitous trading losses have eliminated” that “dumping ground.”
The Fed speaks, markets come unglued.
“It’s contained – until suddenly it isn’t.”
And the next crisis hasn’t even begun yet.
“We are looking at real carnage….”
Investors bloodied as the Great Credit Bubble implodes at the bottom.
CEOs, Wall Street are furiously making hay while the storm moves in.
Chesapeake’s Bonds & Shares Collapse amid Junk-Bond Market Rout.
Investors “sit on large amounts of potential and realized losses”: Moody’s
Moody’s Warns about Credit Crunch, Unnerves with Comparisons to 2008!