first of all, is this a systemic
risk, or could this be a lehman
brothers moment if something
were to happen with glencore?
two, where is management?
where is the ceo, the cfo?
why have we not heard from them?
if you are the holder of a stock
and you do not hear from
management when they share price
falls 30%, you have more
questions than answers.
tom: we had simon kennedy on
"the pulse" an hour ago.
how many too-olds are left in
the central bank toolbox?
francine: it depends on what
central banks you are talking
about.
if you're in emerging markets
and struggling to contain
probable outflows, then you will
have significantly less tools
than other central banks.
even the u.k. has a huge
problem, as we are hearing more
notice that this could also the
negative.
when some economists say we are