Read more.There has been no bounce in the immediate aftermath of the US bailout being approved.
Read more.There has been no bounce in the immediate aftermath of the US bailout being approved.
The companies that are going to be most effected (and we will see this with a high volatility, ergo expensive premiums on options) are those who are most reliant on 3rd party debt. MS Have oodles of cash on hand, so shouldn't be likely to suffer much. AMD Has actually arranged lots of it.
But in a month where we've seen the CDO (Credit Default Option) been applied to US T-Bills, making McDonalds look like a better credit risk......
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