From Jim Sinclair's site:
You should be thinking "emergency" if major institutions call meetings "emergency." There is no way that the inventory of market-less crap has been fully marked to no market anywhere! Don't tell me that the Board of Directors were ignorant OF WHAT ACCOUNTED FOR 50% OF THE EARNINGS OF EVERY FINANCIAL ENTITIY SIGNIFICANTLY INVOLVED. This is it!
http://money.cnn.com/2007/11/02/news/companies/citi_meeting/index.htm http://www.jsmineset.com/