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   Investment Thoughts - Quotes on the Fly

Shipping Trade on September 2008

 

"The banker on the other end of the line sounded anxious. It was the morning after the collapse of Lehman Brothers Holdings Inc. in September 2008, and he was calling from Hong Kong with stunning news. "The ships are not moving," he said. "Not moving.""

 

WSJ, 03.09.2012

03.09.2012