Sunday, March 16, 2008

Chicago Tribune: The Obama I know Even-handed piece by an arch-conservative newspaper

Stunner! Bear Sterns sold out to J.P. Morgan for $2 a share (FT) (WSJ) after closing at $30 on Friday and $169 a share in Jan 2007. World markets and Dow futures in free fall. What happened to the $200 billion bailout?

Meanwhile, Greenspan tells us economic crisis could be worse since WW II. Now he tells us. Thanks Allan. And wasn't the chimp-in-chief just telling us a couple weeks ago that economists were telling him we weren't headed for a recession?

No comments: