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To: Softechie who wrote (4431)12/30/2002 4:49:53 PM
From: Softechie  Respond to of 29599
 
Global Crossing Chairman Gary Winnick to step down...finally!



To: Softechie who wrote (4431)12/30/2002 6:25:15 PM
From: Steve Lee  Respond to of 29599
 
"Looked at another way, investors have lost a total of $2.3 trillion this year, and $4.16 trillion since 1999"

It's actually worse than that. As well as the lost market cap, billions have been lost from corporate bonds. But the article shouldn't divide the total amongst the US pop. as plenty of foreign investors have shared the losses.