Tuesday, September 16, 2008

Unrelenting mayhem

Glad that I have my usual 7pm football game on Tuesday to distract me from the turmoil in the market today.

I sneaked out of the office quietly at 645pm - usually I will be among the last to leave at that time but given the financial fiasco, the office was packed. And noisy. And tense. By now, rumours are flying all over the city. Is Barclays buying parts of Lehman? Is the much-feared collapse of AIG the start of a tsunami that will herald a new Great Depression?

No one has a clue but one thing for sure - no one is interested in the collapse of another rival.

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