market crisis

Banks roll out $70 billion loan program

A group of global banks and securities firms announced late Sunday a $70 billion loan program that financial companies can tap to help ease a credit shortage that threatens global financial markets.

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Stock Symbol: LEH LEH Stock Price: $0.00 Todays Change: N/A (N/A)

Market Meltdowns: Then and Now

After the last post comparing the history of Market Meltdowns (particularly the 1980s Savings and Loan Crisis), I decided to talk a little bit about how our current market correction differs from back then.