Legal Commentary

The Economy Keeps on Tanking

By Jeralyn

Even someone with as little knowledge of stocks and big business as I have knows that this is another failure of the Bush Administration's economic policies.

• Lehman Says It Will File for Bankruptcy (pdf)
• Bank of America to Buy Merrill Lynch
• A.I.G. to Plan Restructuring and Asset Sales
• After Frantic Day, Wall St. Banks Falter
  
• Banks Fear Next Move By Shorts
• SEC Sunday Night Press Release
  

Can anyone explain for those of us who are economically challenged what this means to our day to day lives and pocketbooks?

Full post as published by TalkLeft on September 15, 2008 (boomark / email).