I'm flagrantly lifting the title for this post from a series of TV news reports that were common several years ago. Some stations may still be doing them. If not, I'm betting they soon will be. Dollars and sense. Indeed. Welcome to Thursday evening.
Real estate bubble burst cost - up to $400 billion
Crikey! No wonder Wall Street has started giving the boot to employees. Considering the depth of the troubles, how can Mr. Bubble honestly say that this could have happened to anyone? A few billion, ehhh, maybe, but hundreds of billions down the drain? Keep watching Paulson, a former Wall Street guy, to see if his tone changes on [...]
And, in case you haven't heard, gasoliine ain't gonna get cheap any time in the near future, I'm betting:
Crude surges more than $3 after report says OPEC won't boost production and Middle East violence flares....Oil prices hit a fresh record high Thursday of over $90 a barrel after reports said OPEC had no intention of increasing production [...]
By the way, one quick housekeeping note - see the Blogrush widget over to the right? They've recently cleaned out a bunch of bad blogs, so the content you see there should be good. Don't be afraid to glance over there and follow a link or two. And to those of you arriving here via Blogrush, welcome! Grab something to drink and stay awhile.
Tags: Wall Street, Economy, Housing, Paulson
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