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Reply #14: Thanks. Yeah I've been eyeing the Lehman Bros thing with morbid curiosity for a couple of days.... [View All]

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Locut0s Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-08 07:33 PM
Response to Reply #10
14. Thanks. Yeah I've been eyeing the Lehman Bros thing with morbid curiosity for a couple of days....
doesn't look good. Everyone's big worry of course is a domino effect started by the collapse of one of these giants bringing down other financial giants that are already teetering. Despite what a lot of optimistic economists have to say about this only being a recession at worst, I think a full on depression is more likely than we all would like to think it is. The housing/bad debt crisis is only one of a shit load of straws on that camels back right now.
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