Another Black Monday?
Monday, 6. October 2008, 00:19:20
Well, no House vote to consider, but we have this news:
Iceland going bankrupt - not just a company this time, but a whole (admittedly small) country.
Hypo Real Estate Gets $68 Billion Bailout From German Government, Lenders - definitely touchy situation this.
The German government said that it would guarantee private savings accounts
BNP Paribas to Purchase Fortis's Units in Belgium, Luxembourg- just in time, by the sounds of it.
and
U.S. Stock Futures Drop as Deepening Credit Crisis Prompts Rescue of Hypo
The seas are as stormy as they ever were despite Congress's passage of the rescue bill. And will be so for some time yet.

















