Recent quotes

These numbers are for today.  And Google didn’t even list these symbols "in the news."

Recent quotes

MBI 3.79 -1.23 (-24.50%)
ABK 0.760 -0.380 (-33.33%)
FRE 0.560 -0.060 (-9.68%)
FNM 0.380 -0.090 (-19.15%)
C 6.40 -1.96 (-23.44%)
MS 10.25 -1.78 (-14.80%)
ING 7.53 -1.42 (-15.87%)
BOFL 4.95 -0.61 (-10.97%)
GS 55.18 -6.85 (-11.04%)
HAS 23.10 -1.76 (-7.08%)

… and equities weren’t the worst of it. "Credit markets from commercial mortgages to junk bonds fell to record lows as concerns grew that the slowing economy would overwhelm government efforts to stem the worst financial crisis since the Great Depression."

All I can do is stare.  It really is this bad.

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1 Comment for this entry

  1. Coffee says:

    “It really is this bad.”

    No so sorry to say, when using 40:1 leverage it is WORSE.

    The contraction of Money supply is exponential, Interest on Money becomes exponential when prices increase at a negative rate.

    Makes one wonder about the “Koran” and why in S.Arabia it is illegal to charge interest on a loan. The Bible also said that between “” one does not charge interest. Only charge interest to the non believers. Interest will be the devil in their life.

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