culture, politics, commentary, criticism

Tuesday, January 22, 2008
$5.16 trillion lost since New Year's Day. $1.27 trillion was lost only in the USA. That doesn't include the other $3.88 trillion lost by the other major exchanges &mdash for a total of $5.16 trillion lost in the last three weeks (
WSJ Marketbeat blog).

Market Cap Wipe-out
Source: Birinyi Associates

IndexCountryMarket Cap Lost (bil)% Change
S&P 500USA$1,279.7-9.7%
CSI 300China$402.3-12.3%
Nikkei 225Japan$369.8-12.9%
CAC 40France$336-16.3%
Ibex 35Spain$185.3-20.4%
Swiss MarketSwitzerland$119.7-12.7%
OMX StockholmSweden$116.6-17.5%
BSE SensexIndia$103.8-14.3%
Milan MIB30Italy$101.2-12.2%
FTSE/JSE AfricaSouth Africa$93.9-15.8%
OMX HelsinkiFinland$83.5-18.5%
OBX IndexNorway$76.6-25.7%

Junior came to Chicago right before his Middle East jaunt to tell us how strong the economy was.

It's like Katrina, but with money. Heckuva job, Georgie.

Greatest Hits · Alternatives to First Command Financial Planning · First Command, last resort, Part 3 · Part 2 · Part 1 · Stealing $50K from a widow: Wells Real Estate · Leo Wells, REITs and divine wealth · Sex-crazed Red State teenagers · What I hate: a manifesto · Spawn of Darleen Druyun · All-American high school sex party · Why is Ken Lay smiling? · Poppy's Enron birthday party · The Saudi money laundry and the president's uncle · The sentence of Enron's John Forney · The holiness of Neil Bush's marriage · The Silence of Cheney: a poem · South Park Christians · Capitalist against Bush: Warren Buffett · Fastow childen vs. Enron children · Give your prescription money to your old boss · Neil Bush, hard-working matchmaker · Republicans against fetuses and pregnant women · Emboldened Ken Lay · Faith-based jails · Please die for me so I can skip your funeral · A brief illustrated history of the Republican Party · Nancy Victory · Soldiers become accountants · Beware the Merrill Lynch mob · Darleen Druyun's $5.7 billion surprise · First responder funding · Hoovering the country · First Command fifty percent load · Ken Lay and the Atkins diet · Halliburton WMD · Leave no CEO behind · August in Crawford · Elaine Pagels · Profitable slave labor at Halliburton · Tom Hanks + Mujahideen · Sharon & Neilsie Bush · One weekend a month, or eternity · Is the US pumping Iraqi oil to Kuwait? · Cheney's war · Seth Glickenhaus: Capitalist against Bush · Martha's blow job · Mark Belnick: Tyco Catholic nut · Cheney's deferred Halliburton compensation · Jeb sucks sugar cane · Poindexter & LifeLog · American Family Association panic · Riley Bechtel and the crony economy · The Book of Sharon (Bush) · The Art of Enron · Plunder convention · Waiting in Kuwait: Jay Garner · What's an Army private worth? · Barbara Bodine, Queen of Baghdad · Sneaky bastards at Halliburton · Golf course and barbecue military strategy · Enron at large · Recent astroturf · Cracker Chic 2 · No business like war business · Big Brother · Martha Stewart vs. Thomas White · Roger Kimball, disappointed Republican poetry fan · Cheney, Lay, Afghanistan · Terry Lynn Barton, crimes of burning · Feasting at the Cheney trough · Who would Jesus indict? · Return of the Carlyle Group · Duct tape is for little people · GOP and bad medicine · Sears Tower vs Mt Rushmore · Scared Christians · Crooked playing field · John O'Neill: The man who knew · Back to the top

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