Tuesday, October 7, 2008
Financial Melt down explained in simple terms..
Pretty damn tired with the shit happening around me.. !!!
The articles I skipped reading:
Tomw the market might aswell rally.. http://online.wsj.com/article/SB122342570193613559.html?mod=googlenews_wsj
http://ftalphaville.ft.com/blog/2008/10/07/16715/banks-prepare-for-cds-pay-outs/
http://www.rgemonitor.com/roubini-monitor/253911/radical_policy_steps_necessary_to_avoid_a_systemic_meltdown_interview_with_the_council_on_foreign_relations
http://www.aleablog.com/super-siv-its-alive/
http://www.federalreserve.gov/newsevents/press/monetary/20081007c.htm - if this (Buying the CP of companies is indeed a BIG thing) added with a rate-cut-hope, could not cheer the markets, I have no clue what will.. But I do see a rally tomorrow..
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