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It is to receive the family adds the headIt is too early to assess its seriousnessIn total 20 million individuals benefit yetMany commentators therefore evoke a return to KeynesDeveloping countries face an additional problemIn medical equipment the margin dropped by 13The case of Jacques Labeyrie has recently newsThe Finnish invoice approaching now the 4We were not able to manage them economicallyThe White Knight hopes to take a stake of 33If the trouble was born a day of uniformity, problems can also come from the diversity. General Electric with its plants, its medical equipment and its refrigerators is regarded as a symbol of American industry. In fact, the only survivor of the 12 companies which formed the Dow Jones index in 1896 delivers finance half of its profits. This characteristic earned him three weeks to be treated as a financial value and lose a fifth of its value despite a rebound 13 Friday night. Consumer, leases, loans commercial themselves funded 40 short-term markets more in more volatile , GE is clearly left to go to the same facilities as banking compatriots, at the risk of losing balance. In its balance sheet, the weight of its financial assets is four times higher than that of its industrial assets. His boss Jeffrey Immelt announced its wish to rebalance its group that by end 2009, 60 of its profits come from its industrial activity. It is regrettable that he has not thought earlier, him who plays for the Monopoly since 2001 without the slightest benefit for action virtually divided by two since his arrival this year.
Hazard lights
All students know that to address the events better is not arrive or short of breath or delay. The American automakers, they were double blow. They were already left lagging behind their European and Asian competitors or vehicles adapted to the new demands of consumers. This is that the crisis deprives them of credit, a fuel vital for them in all stages of the chain. Without money step of investment to renovate the models, not the dealers inventory financing, and not loans to clients, necessary for the purchase of a car. That the market had already integrated data even before that Standard & Poor's issue doubts about the fact that Ford and GM can still have cash in 2009. The hallali is raised. GM had to clarify that it did not intend to bankruptcy. Its value has plummeted by 80 since the beginning of the year. With just EUR 2 billion, it is worth 50 times less than VW. Ford weighs him 3.3 billion. At them they equal Renault yet dropped by 70. For Chrysler, it disappoints Fund Cerberus, its new owner. Mean that same couple, the "big three" would never only a "small one".
White flag
If teaches air crew to scream emergency evacuation orders, it is because it is the only way to channel the panic of the passengers. Despite their efforts to prove that he had a pilot in the aircraft, the US and European Governments have not shown sufficient force of conviction last week to prevent erratic movements of stock which were wiped out in five days, almost equivalent to four times the value of the place of Paris. Some are tempted to believe that knowing the worst weekly loss ( 22.2) since its inception 20 years ago, the CAC 40 has exceeded this "capitulation" point where the vendors are expected to leave their white flag and get to the reason. It said that the predictable risk-taking of the companies composing the Parisian index would be sufficient to repay 96 of their stock market capitalizations in ten years only. A record level according to the associated finance firm, the previous peak (81) from March 2003 just before the war of Iraq. And if scholars, in their panic, were still right A stable valuation ratios, they anticipate a fall of at least 30 of the profits of the business, sign of a global recession. Holding in their hands the future of banking and credit, States that have a historic opportunity to demonstrate to the markets that they are wrong.
