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ARGeezer:
Lastly, over half a trillion in market cap (21%) has been lost by the top 10 companies, even with the Dow at the same level.
That's not wealth, it's collateral.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Thu Oct 15th, 2009 at 03:34:19 AM EST
[ Parent ]
That's not wealth, it's collateral.

It needs to be both but turned out to be neither.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Oct 15th, 2009 at 12:22:03 PM EST
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