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This crisis happened in the US because of China's currency policy (which I use as a catch-all for many emerging-market currency policies of which China's is the most egregious). One of the most interesting features of this decade's macroeconomic environment- the massive reserve accumulation of dollars by the world's central banks- depressed US bond yields and thus created the incentives that inflated the bubble. That's what's different this time. Greed and fear are nothing new and speculation is as old as the hills.
1. Yes. If you owned 4000 shares since the end of January you lost a total of about $250K. Most of it was lost before today- the stock went from 64 to 3.65 prior to the weekend. You didn't notice this??? 2-4. Your dumbass broker can probably help you out with these.
DB moving the market!
they also have saudi backing. that helps.