Paper Economy
A Blog dedicated to tracking economic trends and financial matters.
Monday, February 23, 2009
Question of The Day - Three Big to Fail?
Citigroup is in serious trouble… Bank of America is in serious trouble… Now…
AIG is in trouble AGAIN to the tune of $60 billion
…
The S&P and DOW closed down below the November 20th closing lows… the feeble rally is now completely over.
Brace Yourselves… This is about as bad a set of financial circumstances as you can get.
Anyone see any way out?
Is this the Perfect Storm?
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