Newsflash.
Pandemomiun on NYSE this morning as Mongolian Yak Futures go through the roof. An anonymous trader said "this was an accident waiting to happen."
Fed Chairman Greenspan however downplayed the crisis. "The Fed is closely monitoring the situation," he said. "However we see it as only a short term squeeze brought about by unseasonable snowfalls that have closed the Yak mines. There is no need for the markets to panic. That's our job"
The White House refused to comment. However a reliable source said that the President was taking the matter seriously enough to send the Secretary for State out to buy an atlas.
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