For the week 10/20-10/24

For the week 10/20-10/24

Economist Nouriel Roubini: “We’ve reached a situation of sheer panic. There will be massive dumping of assets” and “hundreds of hedge funds are going to go bust.”
For the week 10/13-10/17

For the week 10/13-10/17

At times like these we’re looking for heroes and at least for this week, the man who stepped forward to attempt to lead the world out of this financial debacle was British Prime Minister Gordon Brown.
For the week 9/29-10/3

For the week 9/29-10/3

“The country needs and – unless I mistake its temper – the country demands bold, persistent experimentation….It is common sense to take a method and try it: If it fails, admit it frankly and try another. But above all, try something.” --FDR, 1932
For the week 9/22-9/26

For the week 9/22-9/26

This week our leaders, including of the unelected variety, strode forth to scare the hell out of us. Federal Reserve Chairman Ben Bernanke said our nation faces “grave threats” to our financial stability. President Bush spoke of the “serious financial crisis” .....
For the week 9/8-9/12

For the week 9/8-9/12

What a year….extreme market volatility, a housing bust, $140 oil, federal bailouts of well-known financial institutions and a crazy presidential election. It kind of makes you wonder if, prior to Americans going to the voting booth, we’ll have an....