Coca-Cola on 17 September 2008
At least we are not Russia.
The Russian markets are halted for the second time in two days - this time "indefinitely" - after the index falls 10% within an hour, on the back of a 17% drop the previous day. Apparently Vlad and Medvedev are figuring out the hard way about what happens when you invade foreign lands and start seizing private firms - people say "no mas!" and run for the door in a disastrous cascade. Foreign capital has effectively withdrawn from the Russian marketplace, coming to the conclusion that it is radically unsafe to be there and extinguishing liquidity.
