Related

Senator Phil Gramm, McCain's onetime campaign chairman, used a backroom maneuver in late 2000 to slip into law a bill that kept credit default swaps unregulated

Credit-Default Market Freezes as Risk Grows

The Story No One’s Talking About

Stock-Markets / Credit Crisis 2008 Sep 18, 2008

By Money Morning

At the exchange rate yesterday (Wednesday), ( Read more... )

Related
N.Y. attorney general launches investigation of short-selling

Stocks surge on report of entity for bad debt

By TIM PARADIS, AP Business Writer 4 minutes ago

Wall Street surged higher Thursday, with the Dow Jones industrials up more than 400 points after a report that the federal government is considering creation of a ( Read more... )

Rattled Russia orders markets to stay closed

Medvedev says they can open Friday, vows to prevent meltdown

updated 6:21 a.m. MT, Thurs., Sept. 18, 2008

MOSCOW - Russia ordered its main stock exchanges closed for another day Thursday as President Dmitry Medvedev called for pouring $20 billion into financial markets in an effort to stabilize them.

The ( Read more... )

Man calls 9/15 stock market crash on message board. He predicted the fall of the markets yesterday (dow closed -504.48 the worst since 9/11) Posted by Reinhart; his account is suspended.

He said on July 18th 2008
source


( Read more... )

The Bush legacy: The down closes lower than the day Bush first took office.

Stocks tumble after government bailout of AIG

By TIM PARADIS, AP Business Writer 19 minutes ago

Wall Street plunged again in a crisis of confidence Wednesday as anxieties about the financial system still ran high after the government's bailout of insurer American International ( Read more... )

Russian Markets Halted as Emergency Funding Fails to Halt Rout

By Alex Nicholson and William Mauldin


( Read more... )

Related
Roubini Says U.S. Financial Industry Facing 'Disaster'
Fed asks Goldman, JPMorgan for $75 bln AIG loans
Bank of America, Merrill Bailout Disguised as Buyout?
Jim Rogers : Bailing out Fannie makes situation worse
Nearly 25% of U.S. fuel production shut

Crisis on Wall Street
Posted Sep 15, 2008 09:35am EDT by Aaron Task in Investing, ( Read more... )

Related
U.S. industrial output drops worse-than-expected 1.1 per cent

World shares plunge on Lehman Brothers bankruptcy

2 hours, 7 minutes ago

LONDON (AFP) - Europe's leading stock markets dived more than five percent on Monday on concerns over the battered world economy as Wall Street giant Lehman Brothers filed for bankruptcy.

Major central banks, ( Read more... )

Related
Stocks close sharply lower on worries about financial sectorIn contrast to the right, the left has a coherent agenda. It's one that offers not only higher growth, but also social justice

All comments (56)

• 
  ( Read more... )

Related
Dubious Assumptions in CBO's Fannie, Freddie $25 Billion Rescue Cost Estimate
Crashes, bangs and wallops
British economic 'horror movie' to continue: ITEM Club
American Express shares tumble as 2Q profit falls
As faith in bank bailouts dims, losses set to deepen
Confirmed: the lunatics are running the asylum
Thousands with criminal records ( Read more... )