Wednesday, September 2, 2009

Wall Street’s so-called fear gauge, the VIX, has shot up this week

Be afraid. Be sort of, sort of afraid

But there were some mentions of the likely collapse of Chicago-based condominium lender Corus Bankshares (CORS) as helping to spark the sell-off. Concerns about specialty lender CIT Group (CIT, Fortune 500) deferring an interest payment also seemed to rattle investors.

Posted by mark @ 07:00 PM (533 views)
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