October 1, 2008 - In college I took only one semester of Econ (and just barely passed), but even I know that we are not in an "economic crisis," a "recession" or a "depression," but a much bigger condition that economists call "the end of the United States."
Does that mean that our country...
Filed under: wall street,
financial crisis,
lehman brothers,
bank of america,
merrill lynch,
black monday,
stock market,
dow jones,
lehman bankrupt,
financial markets,
lehman brothers bankrupt,
merrill lynch sale,
bank crisis,
banking crisis
September 17, 2008 - If you're worried about your financial well-being, take solace in the fact that John McCain feels your pain. (Of course, that could be Cindy gobbling down his painkillers for breakfast.) Either way, after being slammed for saying the fundamentals of...
Filed under: McCain Wall Street commission,
Wall Street commission,
John McCain commission,
McCain economic plan,
McCain economics,
McCain economy,
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merrill lynch sale,
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banking crisis
September 16, 2008 - Sure, the market crisis is scary. We're not worried because we keep our money in Confederate scrip stuffed in a cotton gin. But even if you're not a "banker" or "day trader" or "income-earner," you still may be affected by this week's economic upheaval.
How can...
Filed under: wall street,
financial crisis,
lehman brothers,
bank of america,
merrill lynch,
black monday,
stock market,
dow jones,
lehman bankrupt,
financial markets,
lehman brothers bankrupt,
merrill lynch sale,
bank crisis,
banking crisis
September 15, 2008 - NEW YORK -- Sunday was one of the most nerve-wracking days in the history of the NFL, as two of Wall Street's most venerable, albeit troubled, institutions, Lehman Brothers and Merrill Lynch, were on the brink of liquidation. As the drama unfolded in New York City boardrooms, the te...
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Peyton Manning
September 15, 2008 - Lehman Brothers is going bankrupt, Wall Street is trying to avoid a complete collapse and I feel partly to blame. I can't help but feel responsible for the economic downturn we're in. After all, I was given my Economic Stimulus Package check months ago. I know I was...
September 15, 2008 - The economic world woke up today to find the Dow plunging and two major financial institutions falling apart, and yet one significant aspect of this crisis seems to be going unreported. Namely, that our currency is being subjected to unfair and vicious attacks by the media.
It's demeaning and...
Filed under: wall street,
financial crisis,
lehman brothers,
bank of america,
merrill lynch,
black monday,
stock market,
dow jones,
lehman bankrupt,
financial markets,
lehman brothers bankrupt,
merrill lynch sale,
bank crisis,
banking crisis
September 15, 2008 - We don't understand why Lehman Brothers went bankrupt (something about minority homeowners?), but we do understand that we're screwed. Our staffers responded in kind to the following question:
Where will you put your money...