Monday, September 15, 2008

maniac monday

wow what a day!!!

Lehman brothers filed for bankruptcies

and AIG had to go looking for loans to stay in business

and because of the news the stock market when down around 500 points.

one of the big news stories is the fact that after repeatedly bailing out big companies like these the us government has decided not to bail out AIG or Lehman brothers.

Bush basically released a statement saying he will let nature do its course in the finical market but will try to prevent it form having a bad impact on the rest of the nation.

No comments: