Snapshots of 2008 : the world of stock markets

Snapshots of 2008 As we know 2008 is a very bad year in the world of stock markets across the world why it so worst let us know the eye popping facts.
1. stock markets overall loss 40.00 lakh crores
2. More than 1000 companies are below their book value
3. IPOs collected 19,360 crores only, majority of IPOs flop
4. Rel power created world record in collecting 11,700 crore . total issue money is nearly 7.5 lakh crore which is created tremors in other side world.
5. Current midcap capitalization is only 4 lakh crore
6. Small cap is just 1.15 lakh crore (see how it battered )
7. Liquid funds gone negative because of (ABS & MBS )
8. Total stock market cap today is only 20.00 lak crore
9. mutual funds AUM is less than 4.00 lakh crore
10. more than 3600 hedge funds have gone bust in this year across the world
11. US sub prime no need of explanation u know better (FEd bank, japan, USA banks interest 0) now
12.US big scam is “Medoff “more than 50.00 billion.
What is this scam it is called ponji scheme (jantar mantar scheme ) virtually speaking VINIVINC similar , because of this scam HSBC bank lost almost 2.00 billion dollars Jurassic park director spilberg’s charity company have gone bankruptcy many more charities , hospitals, trusts have gone.
What is ABS Asset backed securities (next mail will discuss elaborately)
What is MBS Mortgage backed securities These instruments are very dangerous because of this US monoliths have gone bankruptcy
Did u know how many crores of ABS & MBS are there in the mutual fund industry?
60,000 crores of (time bombs) Which are all the mutual funds are holding will tell u in next entry with % of holding Please share your valuable suggestions which will be a great help for new comers, let us encourage them Share your knowledge it is a way to achieve immortality