Following the president's lead, I offer gloomy news:
A Reuters story says that the frozen IPO market is clobbering investment bank profits.
A report from Jones Day predicts more bank failures.
A post on FT Alphaville reports that the market in CDS' on US and UK debt are crashing.
*sigh*
Wednesday, January 21, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment