Money Minute: Bear Stearns, Airfares, GM Recall

[HanzouMasamori]

Support the abolishment of the Federal Reserve!! Contact your local official, you can use this site's form- pretty easy and quick to do.

htt p://ww w.capwiz.c om/jbs/issues/alert/?alertid=1­0887821

[ofInterestNZ]

This is a stunning piece of news. It essentially says that fear and panic rule on Wall St right now. Wall St fell sharply and Bear Stearns' shares fell 50%.

This shows just how worrying the global credit crunch has become. It has already increased New Zealand fixed mortgage rates by around half a percentage point. As global investors become more nervous, they are demanding higher interest rates to compensate for the risk.

[Paetaor]

The bosses didn't screw anything up. They got the money and now are having more printed to fill in the gaps.

These banks run the Government the Government doesn't run them. These guys have billions invested in other currencies to cushion themselves from the fall.

[Joyriser]

Bear Stearns are in the privileged position of making money from money and they cant even get that right! You know why because the greedy F%$£*!s have been part of a system paying fat bonuses to people who have never done a fair days work in their lives!We are paying for this need for confidence in the financial system.Wake up sheeple!

[sexylatino03]

that suck but is true

[johnnyLiberty1776]

The Dollar is falling fast! get ready for the crash!

[shnaaarf]

YEAP!