Sep 30, 2008 2
bank for sale
- Global financial meltdown continues to swirl throughout the world.
- US$700bil budgeted to bailout several large corporations in US.
- An additional US$630bil (by Federal Reserve) will be pumped into the global financial system to rescue the worst banking crisis since the Great Depression.
- Stocks tumbled on opening in various countries.
- Banks in Europe are being rescued from failure by governments.
- The worst-hit market in Asia was Hong Kong.
You can never predict what will happen next.
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