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)
Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>