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Old 10-07-2008, 07:22 PM   #1
ATYT
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Exclamation Financial crisis at-a-glance: 7 Oct

Financial crisis at-a-glance: 7 Oct

http://news.bbc.co.uk/2/hi/business/7656212.stm



IMF in 'severe downturn' warning

"Internationally coherent and decisive policy measures will be required to restore confidence "-IMF world economic outlook



http://news.bbc.co.uk/2/hi/business/7656741.stm



Who is gone:

http://news.bbc.co.uk/2/hi/business/7644238.stm
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Old 10-07-2008, 09:12 PM   #2
Rocky_Shorz
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Default Re: Financial crisis at-a-glance: 7 Oct

Fasten your seat belts...

tomorrow is when the suspension of short selling ends...
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Old 10-07-2008, 09:17 PM   #3
Racsouran
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Default Re: Financial crisis at-a-glance: 7 Oct

Quote:
Originally Posted by Rocky_Shorz View Post
Fasten your seat belts...

tomorrow is when the suspension of short selling ends...
no, it is not.
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Old 10-07-2008, 09:51 PM   #4
Midnight Oil
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Default Re: Financial crisis at-a-glance: 7 Oct

So, are we declaring Bill Deagle's visions false now?

7th is almost over, I do not see some huge melt down...hımmmm

Last edited by Midnight Oil; 10-07-2008 at 09:53 PM.
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Old 10-07-2008, 10:05 PM   #5
Rocky_Shorz
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Default Re: Financial crisis at-a-glance: 7 Oct

Quote:
Originally Posted by Racsouran View Post
no, it is not.
sorry CNBC was talking tomorrow, when I look up the official wording its...

Quote:
The SEC announced that it was extending several of the emergency provisions ordered in response to the market crisis. The temporary prohibition of short selling in financial companies will now expire on the later of either 1) the third business day after enactment of the anticipated bailout legislation or 2) October 17, 2008.
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Old 10-07-2008, 11:56 PM   #6
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Default Re: Financial crisis at-a-glance: 7 Oct

My husband works in the "industry" as the DBA. When asked, just now, he said the expiration for short sells in October 17th, for most of the stocks. There is a short list that is going to be released before that day.

Nancy
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