Sep 25, 2008

Hello, End of It All. My Name Is Larry.

Well, this isn't a good sign, is it?
Chinese regulators have told domestic banks to stop interbank lending to U.S. financial institutions to prevent possible losses during the financial crisis, the South China Morning Post reported on Thursday.

"The decree appears to be Beijing's first attempt to erect defences against the deepening U.S. financial meltdown after the mainland's major lenders reported billions of U.S. dollars in exposure to the
credit crisis," the SCMP said.
They shut down our money hose. Booooooooo.

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