It 'ain't' just our problem---everybody has it....
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MARKET ALERT
from The Wall Street Journal.
Aug. 16, 2007
Asian stocks fell sharply amid continued concerns over U.S.
housing-loan problems and their possible damage to global financial markets.
Japan's Nikkei dropped 2%, South Korea plunged 7% and Hong Kong shed 3.3%.
The Bank of Japan injected $3.4 billion into money markets, trying to
curb rises in a key overnight interest rate for the third time since last
Friday.
Meanwhile, major Europen markets were lower in early trading, with the
U.K's FTSE 100 Index slumping 2%, France's CAC 40 tumbling 2.3% and
Germany's DAX Index sliding 1.9%.
