Fears that the United States is in a recession reverberated around the world on Monday, sending stock markets from Frankfurt to Mumbai into a tailspin and puncturing the hopes of many investors that Europe and Asia will be able to sidestep an American downturn.
The stock plunge drived from US Subprime Mortgages Crises. Last US New Century Financial Coorporation annouced bankruptcy, which stimulated the fear of huge loss of bank stocks and then the fear prevailed in other industries.
So what is Subprime Mortgage? It is one kind of Suboridinary debenture.It is a loan (or security) that ranks below other loans (or securities) with regard to claims on assets or earnings,also known as a "junior security" or "subordinated loan".
然后，通过ITUNES去下载STEVEN JOBS 的KEYNOTE，近900M的视频文件下载进度有如龟速。
It’s a rock concert! It’s a pep rally! It’s a news conference!
No, it’s the Macworld Expo, the annual four-day trade show in San Francisco, where Apple introduces its latest products before adoring crowds.
On Tuesday, Steve Jobs unveiled four developments.
Item 1: Time Capsule a wireless backup hard drive for your entire network. It’s sleek and, considering it doubles as a wireless router, not unreasonably priced ($500 for a terabyte of storage).