Investors took fright at the potential damage to the banks from their role in the energy trader's collapse, which has already brought down its auditor Andersen. Citigroup shares fell nearly 16 per cent on Tuesday with JP Morgan down 18 per cent, a combined loss of market value of over $34bn. Citigroup has lost a quarter of its value in two days.
Stunning!
It's a book about this guy who has a slight fall. Unbeknownst to him, the fall injured him enough so that he slowly dies. The book just follows his life as slowly things start to fall apart for him as one thing after another goes wrong with his body.
There are times lately where I just wonder if we are watching something similar happen to us. I hate that pessimistic feeling.