Why This Sucker Is Going Down…….Again!

George Bush famously told an assembled group of Congressional leaders in the aftermath of the Lehman filing that unless they immediately passed an open-ended Wall Street bailout “this sucker is going down”. They blindly complied. Yet for awhile it seemed of no avail. By the post-crisis bottom in Q1 2009, household net worth had plunged from $68 […]
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