Stocks significantly lower on credit fears; Carlyle Capital to default on $400 million in margin calls; gold touches $1000, oil nearing $111

S&P: -22.54 Dow: -207 Nas: -38.96

Carlyle Capital Expects Banks to Seize Some $16B in Assets After No Agreement on Refinancing

Fund levered 30:1

http://biz.yahoo.com/ap/080313/carlyle_group_fund.html


Crude 1-minute chart (GMT)