Monday, September 15, 2008

Economic Trouble

More bad news after Lehman Brothers filed for the biggest bankruptcy in history, Bank of America said it would buy Merrill Lynch and AIG slumped on fears that it can't raise cash.

I know some of you may not be Howard Stern fans, but I do enjoy the show when I can hear it. He reminded us today that he predicted George W. Bush would bankrupt this country (and I remember him saying it years ago). He may be correct. The funny part was when he called GWB a "bankrupter". I laughed at that one even though the situation isn't humorous at all. Stocks slid a ton today as well. Hopefully it doesn't get too much worse, but I am worried.

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