Word: fearfully
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...current climate of fear, there's good reason to think before speaking. Just ask Sen. Charles Schumer. In June the New York Democrat warned that mortgage lender IndyMac Bancorp was on the brink of collapse. His remarks, regulators say, caused a run by depositors that helped bring down IndyMac. Schumer rejected that assertion, saying blaming him is like blaming the fire on the guy who calls...
...Despite the measured optimism engendered by that start to an historic week, all eyes will be looking with a mix of hope and fear towards Wall Street as its Monday opening nears...
...Manuel Barroso, for example, stressed the collective package "isn't of an immediate miracle", and many more trials and jittery nerves would have to be overcome before the nightmare of the past months would be over. Still, the mere framework of a strategy proved sufficient to calm the fear that that drove last week's panic-driven sell...
...Click here for photos expressing the fear and dread on the faces of the men and women that work the exchanges...
...current state of the Russian economy is worrisome enough. Since August, the Russian stock markets' capitalization has dropped from $1.5 trillion to less than a third of that. Trading had to be stopped last week and again on Monday for fear the markets would dissolve into thin air. Some Russian banks have started calling in credits before they are due; others have stopped issuing credits altogether. Layoffs are expected, and Big Business even wants the government to reduce the required two months' severance pay for laid-off workers to a single month. Meanwhile, in the past two months, Russia...