Lehman, Merrill, AIG, Fannie, Freddie, Dave
I am in NY sitting in a hotel room and I can't turn away from CNBC. Lehman, around 650 billion in assets, filed bankruptcy for the only time in its 150 year history. As some of you know I cover the financial services industry for my company, and today, and this week, could go down in history as the turning point in our economy, unfortunately not in a good way. I am fascinated by what's going on, and I have a bad feeling that this will get worse before it gets better.
Turn on CNBC, trust me, the Money Honey (who I met years ago when I was a young buck working for a consulting company on the floor of the stock exchange) is doing a great job.
Thought I'd share.