"This is beginning to feel like 2008," Felix Salmon writes, "complete with all the rumor...

|By:, SA News Editor

"This is beginning to feel like 2008," Felix Salmon writes, "complete with all the rumor and chaos and volatility we saw back then. MF Global is a bit like those Bear Stearns hedge funds which went bust - an isolated datapoint in one respect, but ominous in many others. And right now the best case scenario is that Greece ends up being Bear Stearns."