"The Dow Jones Industrial Average had surged as much as 110 points as oil prices eased at the open, then plunged as far as 167 points mid-session after a research note from Lehman Brothers on Fannie Mae and Freddie Mac circulated. The note spurred fears that the government-backed mortgage lenders would have to raise capital because of an accounting change."
The idiotic US investments banks should stop this stupid game of mutual down ramping. How often have we seen this of late?
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- rubbish day..... continued
rubbish day..... continued, page-10
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