business phrase (update 2)

--leverage finance's cash engine has ground to a halt --worldwide sellof accerlated and concerns spread beyond financial companies and homebuilders --the cost of financing has skyrocketed, imperiling the raft of corporate buyouts that has fueled the bull market. --stock markets across Asia were pulled down sharply July 27 by the previous day's rout on WS that saw DJ and S&P500 fall 2.3% and register their biggest declines since late Feb. --WS woes hit hard --China toughens stance on food safety --there is an overhang of $225 billion in debt from PE deals that have to refinanced --It is not a full rout. --PE deals if stopped in their trackes would dent the stock market by 5% to 10%. --it is a tug of war between greed and fear. people can not make up their mind how this could turn out.