The day the market went to hell
16 September 2008
Two days really, with Lehman Brothers going bust, AIG nearly doing so, and Merrill Lynch getting absorbed by Bank of America, the sorry state of the financial sector reared its ugly head. Funny, since more than a year ago, we were hearing how the worst of the liquidity crisis was over.
I’ve never linked to my daily Big Picture column at Investor’s Business Daily, but the worst day in seven years seemed like a good opportunity for a first time.
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