Quote:
Originally Posted by L-Pink
How does a buyout at 98.8 percent discount of its book value as of Feb. 29. prevent a spreading crisis of confidence in the global financial system? WTF?
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Quote:
Originally Posted by DateDoc
Australian markets are down 2.5-3.0%
Hong Kong's Market is down 5%
Japanese Market is down 4.2%
Might have helped ease the market loss but will not prevent it.
http://money.cnn.com/data/world_markets/ |
Using the same logic how would selling a $1,000,000. dollar home for $12,000. instill confidence in your neighborhood property values?
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