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Bond markets took fright at the resulting sovereign debt (although not in the UK's case I should add) and governments panicked by imposing misguided austerity measures which have had the result of at best slowing growth and at worst pushing some economies back into double dip recession.
The coffin of Thomas Thompson - who was found dead in a Liverpool hotel room on Sunday April 17 - was removed from the carriage and was being taken into St Oswald's church, in Old Swan, when the animals took fright.
Tesco was going to enter the market two years ago but took fright and changed its mind.
The deal fell apart as Ladbrokes took fright at possible punitive damages resulting from a crackdown on Internet gambling by the US Department of Justice.
But they plunged by more than 40 per cent, wiping pounds 400 million off the value of the company as investors took fright.
With yesterday's rally on Wall Street overshadowed by concern for the US economy, European markets also took fright and the Footsie lost 18.
When it became apparent that Thailand's real estate excesses would produce an upsurge of non-performing bank loans, investors took fright and sold the baht.
Plenty of dogs took fright - and flight - at booming and hissing Independence Day fireworks displays, and many of them haven't found their way home yet.
MISSING CAT Dizzy the cat took fright after a visit to the vet and now his owners are worried for his safety.
But some `rather unpleasant' politicians took fright and a senior government minister advised her to leave the country.
He was already carrying her off, "but," reported Therese, "I gave him such a look that he took fright, let me go and fled shamefacedly
Except when Suarez actually did what the poster suggested he might, when he actually did something outrageous, adidas took fright.