Here's hoping your weekend was a good and productive one. Ours was busy, but enjoyable. Re-discovered (thanks to the local newspaper) a sandwich recipe that I'd forgotten from my childhood in the upper midwest. Turned Saturday's lunch into something special! It's one of those that we'll be holding onto. Now, I just have to figure out if it really NEEDS a full stick of real butter to make it taste so good. I'll be walking to lunch today!
As for the "news" of the day, there's much money talk. We'll try to make this a summary post, with several bits of information. But, note that the news began early in the day. And, it wasn't good.
More pain on Wall Street from the sub-prime fiasco
Sounds like a few issues that will need to be addressed in the banking and financial market. Citibank Q3 earnings to plummet 60% and UBS to report losses of almost $700 million for the quarter. Plenty more problems ahead in the banking and we can remember to thank them and their GOP enablers as the economy tumbles. Let's see raised hands out there for [...]
Reaction was quick to follow, with a caveat from the blogosphere -
Today's Housing Bubble Post - Homebuilder Stocks -- Suckers
Tags: Economy, Stock Market, Sub-Prime Mortgages
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