Sunday, September 14, 2008

... i've been checking news online for about 10 minutes...

... on SUNDAY evening!!!
The latest?
Wall Street awakes to 2 storied firms gone
By JOE BEL BRUNO, CHRISTOPHER S. RUGABER and MARTIN CRUTSINGER, AP Business Writers
15 Sep 2008
NEW YORK - When Wall Street woke up Monday morning, two more of its storied firms had vanished.

Lehman Brothers, burdened by $60 billion in soured real-estate holdings, said it is filing for Chapter 11 bankruptcy after attempts to rescue the 158-year-old firm failed.

Bank of America Corp. said it is snapping up Merrill Lynch & Co. Inc. in an $50 billion all-stock transaction.
Honestly, it's been less than 30 minutes since I started reading today's news.

"It's the economy, stupid!" seems better and better every minute!

Stop the madness!!!

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