Stocks: Parlez-vous Meltdown?

Hedge fund problems at French bank BNP Paribas helped spark big losses on Wall Street Thursday. Could Friday bring more pain?

Like the denizens of Tokyo in the Godzilla flicks, market players on both sides of the Atlantic writhed in terror Thursday as a voracious, angry beast approached. In this case, the behemoth bearing down on the financial capitals of Europe and the U.S. was the dreaded credit crunch.

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