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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Humpty Dumpty, or Can Anybody Spot AIG $75 Billion or So?
1929?
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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