Global stocks fell sharply and the dollar tumbled on Monday as a fire sale of Bear Stearns and an emergency Federal Reserve cut of a key lending rate sparked fears that a worldwide credit crisis will claim more casualties. The benchmark Nikkei plunged 3.7%. All the Mar's N225 options expired worthless. The April 9250 is last done at 2x(60pts) the premiums sold for.
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Monday, March 17, 2008
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