After dismissing the credit crisis as a U.S. problem, European leaders find the disease has spread to their own back yard.
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Lehman files Chapter 11,Merrill Lynch bought by Bank of America, AIG scrambles for cash, tech stocks drop as U.S. government takes a hands-off pose.
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It's summertime, but the livin' sure ain't easy.
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The collapse of the junk bond and public markets means finding cheap funding just got tougher than ever.
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British Internet incubators are dropping like characters in an Agatha Christie thriller. The move is on to consolidate and survive in the tougher economic climate. Motive? Ask NewMedia Spark.
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