Which funds in England broke apart? Just curious....want to know who the manager was and the type of funds. I presume insurers of bond funds (sub-prime mortgages)?? Maybe Chavez had a wad in them?
I smell M O N E Y! This sell off is good for us long term...
article on British/Scottish fund problems
http://globaleconomicanalysis.blogspot.com/2008/01/uk-property-funds-shut-down-by-panic.html