Meltdown!

Admin

Administrator
Staff member
:8-(:Financial meltdown is underway :8-(:

thoughts? anticipations? oppurtunities?

with;
Bear Sterns
Lehman
Fannie
Freddie
Washington Mutual

all down the drain!


Do you guys think American international Group (AIG) will tank?

the implications of such a large insurance company going under is dier, the scar would loom on the market for a long time and would create an absolute mess.

will government step in to finance their debt? perhaps a foriegn government if not the US?

scary times...hold your breath for to long and you'll die of asphyxiation

cheers


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