Imagine waking up from a one-year coma and looking at the list of companies below that have either gone under or been merged into another company at fire-sale prices. Would you consider actions taken by the US government after this has all happened as "bailing out" Wall Street? The point is, Wall Street has already pretty much fallen, and it will never be the same again. After seeing how Wall Street is being "bailed out," Main Street may want to think twice. As Congress bickers, its country is burning.
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All of those companies failed, and yet other than my ports being down a bit, life is the *exact* same for me. Nope, no need for a bailout from me yet.
Posted by: Brad | September 26, 2008 at 03:44 PM
you forgot countrywide/CFC! IMB, too........... WB maybe after this weekend
Posted by: Dan @ Sestina | September 27, 2008 at 05:21 PM