The crisis began on Wall Street. Financial conjurers suddenly discovered that their tricks for making risk vanish had only disguised it. Their leveraged bets went sour, and the derivatives they thought insured them against any shock turned out to be worse than worthless. Check out Express India for the rest of the story.
Are you ready to surive another Wall Street Crash? I know I am. BTW, are the Chinese really going to by Hummer from GM. Would you have guessed that 3 years ago?
Tags: Derivatives, Gm, Hummer, india, Risk, Shock, Slump, wall street, wall street crash, Wall Street Financial
Surviving the slump
June 2, 2009 By Leave a Comment
Reliance leads crash course – The Statesman
November 5, 2008 By Leave a Comment
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Reliance leads crash course
The Statesman, India - 6 hours ago
... decision to shut down five of its seven polyester units at Patalganga releasing 800 workers gave a major blow to the stock market sentiment today. ... |
Stock market crash a serious situation according to Kamal Nath
October 24, 2008 By Leave a Comment
Union Commerce and Industry of India, Minister Kamal Nath, today spoke about the large decline in all the global stock markets as a "serious" situation in unusual circumstances and said it needed to be addressed in an unconventional manner. Wow great insites. And it other news babies cry when their hungry. And T.O. whines when he's unhappy. And Carmen Electra is hot.
Tags: global stock markets, india, kamal nath, stock market crash