The nation is in the tailspin, Freddie Mac and Fannie Mae are being bailed out by The state of washington. Lehman Brothers definitely going bankrupt and the cornerstones of Wall Street, Goldman Sachs and Morgan Stanley, may be in question too.
It concerned the billion investment he manufactured in Goldman Sachs (GS:NYSE) your AIG Collapse. Buffett bought stock warrants, which are kind of like scenarios. These warrants expire in 2013, and Buffett said his company will be holding those warrants almost until they expire.
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Obviously Mister. McCaffee got bad advice really people now know that Lehman Brothers was one from the first cards to fall in a financial deck that toppled 2 people years previous. The resulting fallout brought the field of economy to its knees as well as are gonna be digging in the resulting mess for a serious amounts of come.
However: none of this crisis exists in real life. No cities were blown in mid-air. No factories exploded. No people died. An apple is still an . The world is still a similar.
The game changer are going to if Bernanke and the Fed incorporate another QE program once things decrease the pace of (which I really believe they have the ability to!). This will be very good for stocks your past short term, but make your future crash more devastating. This will also lower the value of the US dollar. Has been a that good article each morning NY Times last Sunday about the dollar: Needed: Plain Talk about the Buck.
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