Lehman Brothers shares are down 94 percent from their 52-week high, because Wall Street thinks the investment bank may not survive. Bear Stearns has already gone off a cliff. And the government is taking over Fannie Mae and Freddie Mac. Yet the political news media focuses on colorful insults between the McCain and Obama camps. What’s wrong with this picture?
8 comments
Does Anybody Running for President Understand Finance?
Posted September 11th, 2008 by Joe Panettieri
