financial news
Darkcity asked:


I need a summary of the bank crisis that I heard of in the news today about the stock markets being greatly affected by it. I will give ten points to the person with the 1st best answer. And one more thing can you try to put it into simple english rather than having economical terms that are hard to understand. thanks.

BETTE
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Comments

2 Responses to “financial crisis in the news today? I need a summary?”

  1. Sliteofhand on January 2nd, 2009 12:08 pm

    That dollar you have in you pocket is worth 30 cents. Save it.

  2. michaelmarrs19 on January 4th, 2009 5:01 pm

    AIG issed a loan to themselves to save their butts. Bank Of America baild Merill Lynch out, who was bankrupt, and Lehman Brothers went bankrupt.