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InvestmentCredit Crisis
» permabear - Why this crisis is still far from finished http://www.ft.com/cms/s/0/0ea6d2e8-120d-... Why this crisis is still far from finished Published: April 24 2008 19:24 | Last updated: April 24 2008 19:24 During the past few weeks we have seen a growing number of market participants predict an end to the dislocations that erupted last summer and claimed victims throughout the financial system and beyond. While their predictions are understandable, they are premature. The dynamics driving the disruptions are morphing and may again move ahead of both the market and policy responses. continued... -- posted by permabear
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