Remember, that is the same thing that the government was saying after the 1987 stockmarket crash, Something Like it could not happen again. Until september 2008 something kind of like it did. Wall street landscape is so dramatically changed. A Lehman Brothers filing for chapter 11 bankruptcy. 6,309,000,000,000 in assets the linen brothers bankruptcy filing is the biggest in u. S. History. Where did it leave us and where does that leave the president ial candidates . Worst since the depression. Makes 1987 look like a walk in the park. They thought it would keep shooting up, but it did not. It does not mean the death of the economy. Far bigger. To take from everything going on on wall street and conclude that that means street is missing the surprising resilience of america. We will be okay. Well, nearly 700 billion sense, what have we really learn . The guy had to police where that supposedly bank rescue doe was going when he learned almost immediately it went to a lot more places than
Food and energy up. 1 of 1 . David apple right out of the gate. The stock rebounding after the slide yesterday. Investors brushing aside concerns that sales of new iphones might be disappointing. Liz there are reports this afternoon that at t is seeking buyers for its cell phone towers. These towers could fetch as much as 5 billion. David despite concerns about Interest Rates, homebuilders are more optimistic than at anytime since the mid 2 thousands. National homebuilders Housing Market index remaining at 58 this month, the same level as in august. Liz the sec announced Enforcement Actions against 23 securities firms. Securities Exchange Commission saying those firms improperly participated in Public Offerings after betting against the stocks. 22 firms have settled with the sec. David a bigger version of the boeing 787 dream liner is taking off. They hope the 7879 will help increase dreamliner sales and put the aircrafts previous battery problems in the rear view mirror. After the bel
Remember, that is the same thing that the government was saying after the 1987 stockmarket crash, Something Like it could not happen again. Until september 2008 something kind of like it did. Wall street landscape is so dramatically changed. A Lehman Brothers filing for chapter 11 bankruptcy. 6,309,000,000,000 in assets the linen brothers bankruptcy filing is the biggest in u. S. History. Where did it leave us and where does that leave the president ial candidates . Worst since the depression. Makes 1987 look like a walk in the park. They thought it would keep shooting up, but it did not. It does not mean the death of the economy. Far bigger. To take from everything going on on wall street and conclude that that means street is missing the surprising resilience of america. We will be okay. Well, nearly 700 billion sense, what have we really learn . The guy had to police where that supposedly bank rescue doe was going when he learned almost immediately it went to a lot more places than
Four, the nasdaq squeezing out a gain, and people keeping the close eye on washington in particular, the debt ceiling, Government Shutdown and the like continues to pressure wall street and putting an economic numbers like personal spending and income which are in line, Consumer Sentiment is something we kept an eye on. It is doing well today, hit a new alltime high. And better than expected numbers, basketball, deer in particular, running gear, stock is 5 . Tracy the dow is not as bad as it could be. Adam see you in 15 minutes. Fannie and freddie and the federal Housing Administration, billion dollar bailout from the u. S. Treasury. The bailout, the first in the at h as 79 year history due to lost revenue because of higher Interest Rates, billion dollar figure is double what the Obama Administration expected it would need in april. Senior Administration Officials say they expect fhas finances to improve in the coming months. Tracy fords ceo alan malawi vaulting to the top of the list
Budget, that continuing resolution, perhaps now instead of language to defun obama carry but maybe they look at delay it. They also have a punch list of other things like you know, advancing Keystone Pipeline and other proposals they would like to force the president to address ordeal with. Liz peter, there are g. O. P. Members such as john mccain, and others who at least side with the president whether it comes to not allowing a government shut down. How much power does one side have over another on the g. O. P. Side as we bump up against a soarious deadline of serious deadline. We have three branches of government, and the congress we have two chambers, and each controlled by different parties, and republicans control the house chamber, someone in this fight is going to have to blink. President against said thatz United States was not going to default, republicans saying they would not accept either, not funds obama care does not equal a default who is right . Well, i think that they