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Business News Archive - August 13, 2007

SANTA MONICA, Calif., Aug. 13 /PRNewswire/ -- With the Federal Reserve injecting a third dose of liquidity into the banking system, experts say that trouble in the credit market might be worse than originally thought.

Word of the Day
barghest
  • A goblin in English folklore, often appearing in the shape of a large dog and believed to portend imminent death or misfortune.
  • A ghost, wraith, hobgoblin, elf, or spirit.
The origin of 'barghest' is not known, but it may be from perhaps burh-ghest, town-ghost, or German Berg-geist (mountain spirit) or Bär-geist (bear-spirit).
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