http://news.yahoo.com/s/nm/20070814/bs_nm/markets_stocks_dc_32;_ylt=AhYHxfBc1GdXcucvPc1mg.UE1vAI
Stocks slide on credit worries and Wal-Mart's view
In the latest signs of a deteriorating credit environment, Sentinel Management Group Inc., which oversees about $1.6 billion in assets, has told clients it wants to block redemptions from the fund to avoid forced liquidation.
Inflicting further pain on financial stocks was news a Canadian trust couldn't find the funds it needed to repay outstanding asset-backed commercial paper and that a bank had declined to provide liquidity.
And Swiss bank UBS (UBSN.VX), the world's largest wealth manager, warned that market turmoil was likely to hit its investment banking business in the second half of the year.
When you have financial institutions that prevent you from withdrawing funds that is never a good sign.
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