FRIGHT NIGHT: BANKS BORROW MORE FROM FEDS AS 'FINANCIAL TSUNAMI' GROWS
A dismal day on the Stock Exchange today .. And tomorrow is Friday. Fridays have become a terrible day for banks.. Selloff on Wall Street as Dow loses 345 points.. Banks borrow more from Federal Reserve.. Leading manager of world's biggest financial bond, Bill Gross, says governments need to start doing more to prevent 'financial tsunami'.. More bad news.. The Euro trades at its lowest levels since October.. A study says health care costs will continue rise.. ...sigh.. Done yet? Nope: Sluggist August sales for retailers *besides Wal-Mart* Global markets take plunge .. Nasty rumors online of big auto bankruptcy fears.. UK home prices fall to lowest levels ever.. I'm done..
posted by schmuckraker @ 9/04/2008 08:30:00 PM
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