babbledog: Despite the Federal Reserve's efforts Wall Street fears a big US bank is in trouble

Despite the Federal Reserve's efforts Wall Street fears a big US bank is in trouble

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Despite the Federal Reserve's efforts Wall Street fears a big US bank is in trouble

Global stock markets may have cheered the US Federal Reserve yesterday, but on Wall Street the Fed's unprecedented move to pump $280 billion (£140 billion) into global markets was seen as a sure sign that at least one financial institution was struggling to survive.

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Posted Mar 14, 2008

Jim Cowie

Responses to this thread:

Jim Cowie: Should have sold Bear to the chinese sovereign wealth fund while we had the chance, eh

Posted Mar 14, 2008

Jim Cowie: indeed, the rumors were true: http://www.bloomberg.com/apps/news?pid=20601087&sid=aL.7.IvSVRTk

Posted Mar 14, 2008

Shimon: oh, shit

Posted Mar 14, 2008

Jim Cowie: and http://www.bloomberg.com/apps/news?pid=20601087&sid=aL.7.IvSVRTk

Posted Mar 14, 2008

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