Mostly hogs looking at a broken wristwatch
WASHINGTON (Reuters) - The Federal Reserve Bank of New York held an emergency meeting on Friday evening with top financial market representatives to discuss recent market developments, a Fed official said.Read.
Followed by this today:
Lehman Bankrupcy: 613 Billion in Debts, mostly owed to banks from Tokyo, Hong Kong, New York, Singapore and Taipei.Full article.
WaMu May Cost Taxpayers $24 Billion If Bailed Out, Bove Says
Financial havoc wallops US dollar and stocks
AIG Seeks $40 Billion Fed Bridge Loan, Times Says
Fed Widens Collateral for Loans to Investment Banks