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The welfare of the people in particular has always been the alibi of tyrants.-Albert Camus
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Member Since: 1/2007Last Seen: 7/21/2008

Global markets | Bearish battalions | Economist.com

News Type: Opinion — Seeded on Sat Jul 5, 2008 3:10 PM EDT
Read ArticleArticle Source: The Economist
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THEY rarely ring a bell at the bottom of bear markets. Investors who thought they had heard a tinkling sound when Bear Stearns, a failing American investment bank, was bundled into JPMorgan Chase in March have been disappointed. The Dow Jones Industrial Average is now weaker than it was in the spring.

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