"Humor is an affirmation of dignity, a declaration of man's superiority to all that befalls him."
Market panic after Bear Stearns reports
Published on: Tue, 11 Mar 2008
Author:
Panic swept the credit markets on reports of an insolvency crunch at both the US investment bank Bear Stearns and the mortgage giant Fannie Mae, triggering a dramatic surge in default insurance and rumours of yet another emergency rate cut...
Read more at:
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/11/cnbear111.xml&CMP=OTC-mostviewedrss
Source:
Telegraph
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