Monday, March 17, 2008

DOOM

Thank you for attending the oil age. We're going to scrape what we can out of these tar pits in Alberta and then shut down the machines and turn out the lights. Goodnight.

New York Times

"Wall Street begins the new week trying to come to terms with just how bad the fallout from the credit crisis is -- so bad that an investment bank worth $20 billion weeks ago has been bought for just $236 million."



From CNBC

"this Fed deal is NOT 'financial management'", its the equivalent of "fire trucks in the streets fighting fires".

No comments: