Because there are no two phrases Americans still recovering from the recession like to hear in the same sentence more than "Bush" and "Wall Street," Bloomberg News reports that Wall Street's money men are really hot on the idea of former Florida Governor Jeb Bush running for president in 2016.
Oh look, a vaguely local angle to bring to this whole AIG bonuses brouhaha. Meet Gerry Pasciucco. He was a vice chairman at Morgan Stanley. Now he heads up AIG Financial Products, the high flying, irresponsible segment of AIG that brought the entire company to it's very knees. Though, Pasciucco took ... More >>
Washington Mutual got jealous of all the attention Lehman, Merrill and AIG got yesterday. Its credit rating was cut to junk, and the bank may be sold to JPMorgan Chase. [Daily Mail] Yes, these bank failures can effect you. The Lehman Brother's collapse could have repercussions in the South Florida r ... More >>
R.I.P. USA Economy. Mr. Economy was born in 1621 when some Pilgrams traded corn with Native Americans. He died last evening in the Manhattan offices of Lehman Brothers. He is survived by his third wife, Ester, and five children. Hyperbole aside, the events of the last 24 hours will reshape the fin ... More >>
Once a lifeline and a symbol, Chalk's delivered death