Posts Tagged ‘ Lehman Brothers ’

Humpty Dumpty sat on a wall. Humpty Dumpty had a great fall. All the king’s horses and all the king’s men Couldn’t put Humpty together again. Well, shit. Fat chance I’ll get a job in New York now. In other news, the U.S. financial system appears to be imploding. The Dow was down 500...
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Well, it’s no catastrophe — yet. The Dow was down around 500 pts by the end of trading — it’s worst drop in 7 years. But we’re not out of the woods. When AIG goes under, there’s no telling how much farther it could go. Barring a miracle, AIG has a few days of...
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Will the financial system crash tomorrow? Will the stock market? We’re about to find out. Lehman Brothers went bankrupt today (Sunday). AIG will go under mid-week. Merrill Lynch has just sold itself to Bank of America to stave off failure. Washington Mutual, the country’s largest savings and loan, is teetering on the edge of...
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