Skip to content

Leveraged buy outs

Markets correct, Bush urges calm. Uh oh

Crikey / Monday, 30 July 2007

There is absolutely nothing more worrying for an investor than seeing a US President telling “The American People” not to panic. Uh oh. This is bad. Dubya didn’t materialise before us and tell us not to panic during last February’s correction, or even last year’s big one.