The Cult AGP

Posts tagged ‘credit crunch’

Tales from the Wall St

What a weekend it had been.

Two of the major investment banks are out.

Lehman filing a chapter 11 petition for bankruptcy, and Merril getting sold to BofA.

The week started with lots of surprises..

AIG getting taken over by the Gov and the other major investment banks GS and Morgan coming out with their 3rd quarter results with clear plunge in profits..

Damn those short sellers who are bringing down the Wall St.

There was a scramble for Gold and Cash today..