the laissez faire capitalist will really shit their pants if china
fails, that is where they have put all of their money into, a place
where they can enslave and de-gradate, Shares in China's banks fell
sharply Monday after news reports said its No. 2 lender, Bank of
China, might write down holdings of U.S. mortgage securities and two
others increased reserves for possible losses

http://biz.yahoo.com/ap/080121/china_banks.html

Chinese Bank Shares Fall Sharply
Monday January 21, 7:42 am ET
By Joe Mcdonald, AP Business Writer

Chinese Bank Shares Fall Sharply on Reports Lenders Facing Possible
Subprime Writedowns

BEIJING (AP) -- Shares in China's banks fell sharply Monday after news
reports said its No. 2 lender, Bank of China, might write down
holdings of U.S. mortgage securities and two others increased reserves
for possible losses.
ADVERTISEMENT

The reports were the first indication that Chinese lenders, which have
so far avoided damage from the U.S. credit crisis, might face problems
due to their holdings of subprime securities.
Also Monday,...

On Jan 21, 6:33�pm, "Yo Mamma" over-there.com> wrote:

he says to put it through the hole in the men's room stall wall.

http://news.yahoo.com/s/ap/20080122/ap_on_bi_ge/world_markets

Asia markets tumble on US worries
By YURI KAGEYAMA, AP Business Writer
28 minutes ago

TOKYO - Global stock markets extended their shakeout into a second day
Tuesday, plunging amid worries that a possible U.S. recession will
cause a worldwide economic slowdown. The dramatic declines were
expected to spread to Wall Street, where stock index futures were
already down sharply hours before the trading day began.

Japan's Nikkei 225 index, the benchmark for Asia's biggest bourse,
skidded 4.4 percent in morning trading to 12,738.31 points, after
dropping 3.9 percent Monday. Hong Kong's Hang Seng index was down 5...

Like taking money from a baby.

(or a stupid hillbilly AmeriKKKunt)

Same difference.

Somewhere in purgatory, a dismayed Ronald Reagan must be crapping in
his diapers---just like did while he was alive.

*****************************************************************************************

Sovereign-wealth funds

Asset-backed insecurity
Jan 17th 2008
From The Economist print edition

Wall Street, the flagship of capitalism, has been bailed out by state-
backed investors from emerging economies. That has people worried--for
good reasons and bad

IN REYKJAVIK almost two years ago the Norwegians were throwing their
weight around and the locals were furious. Having spotted that an
Arctic boom was about to end, a government-owned fund from Oslo must
have thought it had found an easy way to make money in a market it
knew well. It began to sell short the bonds of Iceland's over-
stretched banks. Only common sense, you might argue.

Stock rout deepens

By Louise Heavens

SINGAPORE (Reuters) - Stocks in Asia tumbled, with South Korea and Australia
nursing falls of almost 5 percent as growing fears of a U.S. recession
sparked panic, sending investors to safe-haven government bonds.

"I am sure we are in a bear market, because the mood is very negative.
People no longer believe that stocks are the road to riches," Cannae Capital
Partners managing director Hugh Giddy.

"This may be a long slow grind down because earnings expectations will start
to fall."

Television talk show guru and Oprah Winfrey has been dubbed "traitor"
by some of her online supporters for her decision to support Barack
Obama over Hillary Clinton. Oprah.com, Winfrey's Web site, has been
flogged by negative posts and the majority of this uprising seems to
be coming from Clinton supporters.

Go to. http://www.afamreport.com/

Click on: ''News Stories' at the top, scroll to Oprah Labeled Traitor

NeoCunts are short the US Markets and making out like bandits from the
very carnage they created.

AmeriKKKunts are left in the burning building frying like ants under a
magnifying glass.

Giulliani, Thompson, Romney Beat Hillary in Latest Mason-Dixon Poll

theconservativevoice.com
November 20, 2007 05:24 PM EST

Republican Rudy Giuliani while campaigning yesterday at the NASCAR
Nextel Cup Ford 400 race in Homestead was told he is the most popular
presidential candidate in Florida, with 57 percent of voters willing
to consider voting for him, according to a new Mason-Dixon poll.

In a potential matchup with Democratic frontrunner Hillary Clinton,
Giuliani wins 50-43 percent. Republicans Fred Thompson and Mitt Romney
also beat her, although their wins are within the margin of error of
plus or minus four percentage points.

Clinton is the only candidate, Democrat or Republican, with higher
unfavorable than favorable ratings; 45 percent of voters have an
unfavorable opinion of her, while 38 percent have a favorable opinion.