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Rank: Dutchess of Doodoo

Groups: Registered User, Server Admin, WDFNews.com Official Mapper
Joined: 6/3/2006 Posts: 2,239 Points: 330 Location: $L
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Another bank is about to go bankrupt and this is a big one. Lehman Brothers is big. They are a banks bank. They are filing for bankruptcy. 25,000+ more than likely will be laid off. This is gonna be a big splash in the pond folks. On a lighter note I read this and lol'd Quote: ...The sheer volume of chauffeur-driven limousines required to ferry more than 100 bankers, officials and their advisors to the crisis talks had jammed up traffic around the block.
Things are tough all over. http://www.nationalpost.com/news/story.html?id=790942 UPDATE: Please post any news stories you find about the economy and all these companies falling over. The aim will be to create a road map of what is happening. Thank you. Sidestorys & Updates: 09/19/08Bush, Paulson outline powerful steps targeting troubled mortgage-related assets weighing down the finance industry. Plan could cost hundreds of billions. - CNNMoney
Citigroup reportedly considering bid for WaMu - MarketWatch
09/18/08Russian market frozen, others falling - Economist Federal Reserve increases lines of cash to central banks - Business Journal Canada Joins Other Central Banks, Stocks More Dollars - Bloomberg Yet another bailout - Taxpayer tally - CNNMoney 09/17/08White House alters defense of economy's strength - AP
Treasury 3-Month Bill Rates Drop to Lowest Since World War II - Bloomberg
Why the Fed pulled the trigger on AIG - CNNMoney.com
German bank in Lehman embarrassment
Barclay's looking at Lehman
09/16/08Federal bank insurance fund dwindling - Associated Press Pelosi orders wide Wall Street probe - Politico.com You wanna take this to Fuck Town? Oh gadzooks, yes!
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Rank: Taco Technician

Groups: Registered User, {pDs} Member
Joined: 5/9/2006 Posts: 3,948 Points: 3,636 Location: Hi-Five City
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Rank: Administration

Groups: {pDs} Member, Registered User, Server Admin, Administration
Joined: 3/27/2008 Posts: 1,793 Points: 3,380 Location: Arizona
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Sounds like LEH-offs at LEHman's!
BAHHAHHAHAHAHAHHAHAHAHH HAHHAHAHHAHAHAHHAHAHAHAHA hhahhahhahahahhahahhahh hehhehhhhehhhehhheh hehhhehheh...
yeah.
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Rank: Coathanger Abortion

Groups: {pDs} Member, Server Admin
Joined: 5/17/2006 Posts: 3,487 Points: 1,990 Location: Undisclosed Location
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AIG is supposedly going down soon too and they're the largest insurers and one of the biggest companies in the world. Major meltdown. Razor wrote:Killing people is good therapy.  
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Rank: Taco Technician

Groups: Registered User, {pDs} Member
Joined: 5/9/2006 Posts: 3,948 Points: 3,636 Location: Hi-Five City
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Dick Cheney's Mechanical Heart wrote:AIG is supposedly going down soon too and they're the largest insurers and one of the biggest companies in the world. Major meltdown. Really? This is like.. a dream come true.
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Rank: Fuckstick

Groups: {pDs} Member, Registered User
Joined: 12/20/2007 Posts: 681 Points: 6 Location: San Antonio, TX
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You, of course, know that you would never survive in your world of anarchy, right lead Salad? How much wood would a woodchuck chuck if a woodchuck could chuck wood?

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Rank: Taco Technician

Groups: Registered User, {pDs} Member
Joined: 5/9/2006 Posts: 3,948 Points: 3,636 Location: Hi-Five City
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Oopsie wrote:You, of course, know that you would never survive in your world of anarchy, right lead Salad? *Sigh*. Okay, what is your argument? Biker gangs? Super duper evil corporations with brain control lazors? Invasion by the Chinamen?
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Rank: Administration

Groups: {pDs} Member, Registered User, Server Admin, Administration
Joined: 3/27/2008 Posts: 1,793 Points: 3,380 Location: Arizona
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Dick Cheney's Mechanical Heart wrote:AIG is supposedly going down soon too and they're the largest insurers and one of the biggest companies in the world. Major meltdown. That's what they get for having those fucking retarded commercials.
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Rank: Fecal Impaction For the Win!

Groups: {pDs} Member, Registered User
Joined: 11/6/2007 Posts: 1,341 Points: 15 Location: Portland
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Rikaelus wrote:Dick Cheney's Mechanical Heart wrote:AIG is supposedly going down soon too and they're the largest insurers and one of the biggest companies in the world. Major meltdown. That's what they get for having those fucking retarded commercials.
Not to mention all the money they spend spamming me with offers I don't want multiplied by how many people that also don't want. LOL
If you support John McCain and/or George W. Bush, please click here.“I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again.� - Ben Bernanke
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Rank: Polio Power!

Groups: {pDs} Member, Registered User
Joined: 12/22/2007 Posts: 507 Points: 519 Location: in a pathetic world of fleshies
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Business wrote:On a lighter note I read this and lol'd Quote: ...The sheer volume of chauffeur-driven limousines required to ferry more than 100 bankers, officials and their advisors to the crisis talks had jammed up traffic around the block.
maybe 'zis ees a clue.... Bah Weep Granah Weep Ninny Bong
This is the Narwhal. Denne er narkval Hvor er narkval? Where is the narwhal? Lykkkelig liten narkval! Happy Little narwal!
This has been Conversational Norwegian with Freakazoid.
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Rank: Fecal Impaction For the Win!

Groups: {pDs} Member, Registered User, Server Admin
Joined: 1/1/2008 Posts: 1,647 Points: 2,558 Location: Bainbridge Island, WA
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Rikaelus wrote:Sounds like LEH-offs at LEHman's! I chuckled a lil'. Safety + Peace
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Rank: Dutchess of Doodoo

Groups: Registered User, Server Admin, WDFNews.com Official Mapper
Joined: 6/3/2006 Posts: 2,239 Points: 330 Location: $L
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Hmm...the heads are talking about Barclay's taking over Lehman. But I've been watching CNBC all morning and has anybody noticed how much they are talking about the need to globalize our financial companies? You wanna take this to Fuck Town? Oh gadzooks, yes!
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Rank: Polio Power!

Groups: {pDs} Member, Registered User, Server Admin
Joined: 1/7/2008 Posts: 586 Points: 630 Location: Minneapolis
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Welcome to Thunderdome!
...Bitch...  HAHA stupid horse, the sign says Deer crossing Cantrip wrote:For all you know, you may have been dessert on a day-long cock-feast.
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Rank: Fecal Impaction For the Win!

Groups: {pDs} Member, Registered User
Joined: 11/6/2007 Posts: 1,341 Points: 15 Location: Portland
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Now, they're talking the government will bail out AIG with an 85 billion dollar loan.
If you support John McCain and/or George W. Bush, please click here.“I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again.� - Ben Bernanke
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Rank: Coathanger Abortion

Groups: {pDs} Member, Server Admin
Joined: 5/17/2006 Posts: 3,487 Points: 1,990 Location: Undisclosed Location
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BadHorsie wrote:
Now, they're talking the government will bail out AIG with an 85 billion dollar loan.
I saw that - the Fed wants to do it, which is kind of weird because AIG isn't actually a bank. Razor wrote:Killing people is good therapy.  
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