20/04/2009 That was scary

Posted on Monday the 20th of April 2009 at 23:31 by LtPinback

Big gap down and a relentless sell-off from start to finish. Unexpected? Direction – No. Magnitude – Maybe. VIX rose 15.44%. Volume was high
BAC with CEO Ken Lewis at the helm can’t do anything right. Now we find they cannot even cook the books properly. Go figures.
Credit environment is getting worse and U.S. government officials [...]

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