... more SUNDAY news!

Lehman rescue fails, BofA buys Merrill for $50B
By JOE BEL BRUNO, CHRISTOPHER S. RUGABER and MARTIN CRUTSINGER, AP Business Writers
14 Sep 2008
NEW YORK - A failed plan to rescue Lehman Brothers was followed Sunday by more seismic shocks from Wall Street, including a government-brokered takeover of Merrill Lynch by the Bank of America for $50 billion.

A forced restructuring of the world's largest insurance company, American International Group Inc., also weighed heavily on global markets as the effects of the 14-month-old credit crisis intensified.

Again, once-upon-a-time, critical economic/financial news broke Mon-Fri. With W and the Republicans in charge, one must now pay attention on Sunday!

Is Greenspan advising McCain?

Let's see... oil at > $100/bbl. Gas at > $3.50/gal.
The subprime fiasco is percolating thru the larger economy.
... threatening the liquidity of VERY BIG PLAYERS, and the availability of credit to keep the economy afloat.

Who managed to undermine the largest economy in the world?
The REPUBLICANS!!!

Does anyone seriously believe the REPUBLICANS can get us out of the hole they dug???

Remember that budget surplus? Remember $2/gal gas? Remember $30/bbl oil? Remember your last raise? These were called "The Clinton Years."

Stop the madness!!!