December 12
Uh oh
You know things aren’t looking so good when the WSJ has the following headines back to back on Monday and Tuesday:
Monday: U.S. Mortgage Crisis Rivals S&L Meltdown - Toll of Economic Shocks May Linger for Years; A Global Credit Crunch
Tuesday: UBS’s Subprime Hit Deepens Credit Worries - Bank Gets $11.5 Billion from Singapore, Others; ‘Unknowable’ Bottom?
We gots problems…
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