Hi,
The ripple down effect of this still has a VERY long way to go.
I also think that the US authorities should actively pursue and lockup the people who caused all this, it was caused by their greed afterall.
Effectively the US Financial market has sent the world broke, and we will be paying for it for a long time to come.
A CEO earning $480M over a 4 year period is JUST PLAIN CRAZY, especially when you look at his performance.
>FTSE 100 down 10% at the open.
>
>and more interesting reading from the BBC business news
>
>
http://www.bbc.co.uk/blogs/thereporters/robertpeston/
Regards N Mc Donald