Archive for the ‘bankruptcy’ tag
Is the economy crashing?
Bad signs
Recently there has been quite many bad signs suggesting that the economy might be crashing. Two weeks ago new statictics showed that american real estate had lost almost half its denomination. Last week the government had to buy up Freddy Mac and Fanny May to avoid total disaster.
The Lehman Brothers
Today the Lehman Brothers had to turn around the key, sending employees home not knowing what the future might bring. This came about as one of the greater banks of America choose not to buy up the Lehman Brothers. read more about the Lehman Brothers here