Financial Waves

"I believe the country faces a critical crossroad and that the decisions that are made or not made within the next 10 years or so will have a profound effect on the future of our country, our children and our grandchildren. The problem gets bigger every day, and the tidal wave gets closer every day." - David Walker, comptroller general Aug. 2005

Monday, February 18, 2008

Monday, February 18, 2008

Mish: Financial Services Bloodbath

Arcane Market Is Next to Face Big Credit Test

Wall Street Banks Brace for Another Wave of Multi-Billion Dollar Losses

US Banks Borrowing Massively From Fed

Stock Market Faces Heavy Headwinds

Inflation in China Rises to 7.1%

UK Government Nationalizes Troubled Bank

Citibank Suspends Hedge Fund Redemptions
Posted by Alex Mitonidis, BComm, CFP at 10:19 PM
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