Financial Waves

"I believe the country faces a critical crossroad and that the decisions that are made or not made within the next 10 years or so will have a profound effect on the future of our country, our children and our grandchildren. The problem gets bigger every day, and the tidal wave gets closer every day." - David Walker, comptroller general Aug. 2005

Monday, March 17, 2008

Greenspan: Worst Financial Mess Since WWII

Wall Street Waits for the Next Domino to Fall

Bear Stearns Sold for Just $2 Per Share

Fed Acts to Protect Financial System - Slashes Discount Rate on Sunday Night

Gold Rockets; Dollar Slumps Most in 8 Years

US Losing Confidence Vote as Investors Flee

Vicious Circle Ending in a Systemic Financial Meltdown
Posted by Alex Mitonidis, BComm, CFP at 9:28 AM
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