FRIDAY NOVEMBER 02
Credit Crunch: Just Keeps On Crunching

A Fed rate cut has not kept the markets from swooning – good news for volatility-seeking traders, but not the best of portents for the overall health of the economy. Hey, that’s what you get when you build a giant financial industrial complex on a rapidly melting iceberg. With banks still marching out the bad news, are fundamentals finally catching up with investors’ worst fears?

November 2007

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