Monday, September 15, 2008

Nothing left on Wall Street, No hope on River Avenue...

"The Dow fell 504.48 points, its biggest one-day point drop since Sept. 17, 2001, the first trading day after the Sept. 11 terrorist attacks."

Filing for bankruptcy today, Lehman Brothers is reported to have $600 billion debt.

"The crisis on Wall Street caused by the bursting of the real-estate bubble has now lasted 13 months and has caused far more damage than analysts initially forecast."

Goodbye, Wall Street. Good night, New York.