Oh oh.
“How do you know that the sky is falling?” asked Turkey Lurkey.
“I saw it with my eyes, I heard it with my ears, and a bit of it fell on my head,”
said Chicken Little.
Children’s fairy tale, The Sky Is Falling, adapted by Rick Walton.
Fed nears a deal to take over ailing AIG (MSNBC) Extraordinary move would give central bank 80% stake in insurance giant.
U.S. to Take Over AIG in $85 Billion Bailout; Central Banks Inject Cash as Credit Dries Up (Wall Street Journal)
Between the Hedges (Portfolio Manager’s commentary on investing and trading in the U.S. financial markets)
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