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  #26  
Old February 12th, 2009, 02:04 PM posted to rec.outdoors.fishing.fly
~^ beancounter ~^
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Default major malfunction.......

hussein obama...the ****ing clown...tnaking world markets....



LONDON (AP) - World stock markets fell Thursday amid pessimism about
the Obama administration's plans to fix the U.S. banking system and
restore the overall health of the world's largest economy. European
stocks were also undermined by a raft of disappointing earnings.

The FTSE 100 index of leading British shares fell 58.82 points, or 1.4
percent, to 4,175.44, while Germany's DAX declined 96.81 points, or
2.1 percent, to 4,433.28. The CAC-40 in France was 45.08 points, or
1.5 percent, lower at 2,982.64.

Sentiment in Europe, already depressed by further losses in Asia
earlier, was hit by the news that a number of companies across the
continent reported worse than expected earnings and predicted further
difficulties for the months ahead.

In Britain, drinks maker Diageo warned that its profits for the 2008-9
fiscal year would be lower than previously anticipated because of the
global economic slowdown, while BT PLC, the telecommunications
company, issued its fourth profit warning in the space of just six
months as a result of further one-off charges.