One week it's Fannie Mae and Freddie Mac. Now Lehman Brothers files for Bankruptcy with $60 billion in bad debt and Merril Lynch gets bought out by Bank of America. Let's put together the picture with comments with links pulling together what's going on, where things are going.::::::::
Dollar hit hard, Gold up, investors go to safe treasuries, stocks opening lower.
Will people get back their losses from Lehman bros, Fannie Mae, Freddie Mac?
How many more major financial or other companies will go down the tubes?
How will the collapses we're seeing affect other things-- jobs, investing, oil, the war, congress, media coverage?
If Obama can't turn his polling around with this, with an ad out by tomorow, he's toast.
Let's set a comment record on this one.
Rob Kall is executive editor, publisher and site architect of OpEdNews.com, Host of the Rob Kall Bottom Up Radio Show (WNJC 1360 AM), President of Futurehealth, (more...)
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