Tag: lehman brothers

There has been a lot of warnings lately that we are heading right towards another Lehman style collapse: Joseph Stiglitz, the Nobel Prize- winning economist, said the U.S. has failed to fix the underlying problems of its banking system after the credit crunch and the collapse of Lehman Brothers Holdings Inc. “In the U.S. and […]

Dow closes down nearly 300 points with concerns about the future of Lehman Brothers. But the fundamentals of our economy are still strong and the people on Wall Street are just whiners. Just ask the McCain campaign.