Trade problems
Oct. 10th, 2008 09:56 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
solarbirdSomehow I missed this story talking about trade problems created by the credit problem. I'd ETA it to the previous post where I talked about this but it's important enough that I'll give it its own little thing.
Early reports say the Lehman Brothers auction is going about as expected, which is to say horribly, but not worse than expected. But I don't have hard data yet.
Early reports say the Lehman Brothers auction is going about as expected, which is to say horribly, but not worse than expected. But I don't have hard data yet.
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no subject
Date: 2008-10-10 05:00 pm (UTC)They are talking about 9.5 cents on the dollar, whereas yesterday they were talking about 13 cents. I don't even pretend to fully understand how this market works, but isn't that worse?
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Date: 2008-10-10 05:08 pm (UTC)