September 16, 2008 at 10:05 AM EDT
An Economy in Crisis
Ok, Ok, so I haven't published in a long time. Between the kids, and a surgical Sub-internship, I've been a little bit preoccupied. However, I think that it's time for another post. This will lean a little more towards economics than healthcare, but I think that it's crucial at the current juncture to understand what is happening in the economy.Yesterday, the Dow Jones Industrial Average (DJIA) crashed down over 500 points, the worst loss since trading resumed after 9/11. Financial giants Lehman Bros. and Merril1-Lynch essentially fell apart, with one going into bankruptcy and the other being bought out. AIG and Wachovia are still looking a little shaky. The government has actually seized control of Fannie Mae and Freddie Mac, the largest government takeover of companies ever. Gas spiked again in the face of plummeting commodity prices, especially oil. What's the deal?The [More...]
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here