Investors in Asia have pulled out of risky assets. Yields on 3 month deposits have fallen to near 1 percent.
This has caused panic withdrawals from cd's and money market funds. Asian banks have been suspected to have had billion dollar losses from the U S Mortgage disaster.
Showing posts with label INVESTORS CREDIT DISASTER BUSINESS MORTGAGE FINANCE PULLED OUT RISKY ASSETS PANIC SUSPECTED LOSSES "U S DISASTER" TECHNORATI GOOGLE ADSENSE. Show all posts
Showing posts with label INVESTORS CREDIT DISASTER BUSINESS MORTGAGE FINANCE PULLED OUT RISKY ASSETS PANIC SUSPECTED LOSSES "U S DISASTER" TECHNORATI GOOGLE ADSENSE. Show all posts
Friday, November 23, 2007
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