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Did “They” Do It ?

Byron R. Wien said : “This precipitous unwinding created the negative momentum that spread around the world.”
Get some new glasses Byron, here is a blow by blow of the action over the past 2 weeks.
1. Globex opens at Sunday 20th night at 23:00 GMT
2. Eurex opens at 07:00GMT, SocGen starts liquidation
3. Fed cuts fed funds by 75bp

Original Source


  26 January, 2008| Economy | @ 11:11

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