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By Kurt Cagle October 6, 2008 | Comments: 0 The credit markets are seizing up, Congress-critters are trying to make the case for spending billions in a "rescue" package, the stock market gyrations are giving people whiplash, banks are popping like sulfur-filled bubbles and companies are suddenly having to make some hard decision about payroll at a time even when they have more than enough work. The end of the world as we know it seems to have come about all at once, and even as people are scrambling to protect themselves, not a few people are wondering just how everything went bad so quickly. Most of the time, finance works very much like technology - the end user of financial services generally do not think that much about how high finance works, and prefer in fact not to know any more except for information which directly... [read full story]
