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There was something nasty in the woodshed, and when the "contagion" attacked the stock markets as well, it was confirmed.
CNN: Sign-off 1998
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After the markets fell back in July, the favourite tales changed: the recent talk has been of something nasty in the woodshed.
ECONOMIST: Once upon a time on Wall Street | The
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If there does turn out to be something nasty in the woodshed, his enemies will brand him as complacent or, worse, claim plausibly that his chosen image of prudence and iron resolve was a fake.
ECONOMIST: Gordon Brown and the Bank