Making sense of the FTSE drop

I'm not going to claim to be an expert but this can't be good news. In our own project world I guess it just makes the credit crunch seem even more real, will everyone still make it to the start line for the Everest Test. Will we be able to get a sponsor? We are about to have a big push for a sponsor in a coupple of weeks. I am just relieved that we don't rely on needing a sponsor for the trip to happen!