nextpillartofall

2008: Ten Unforgettable Days

need to add... Bank of America rescues CountryWide Financial, Bank of England rescues Northern Rock, Treasury rescues CitiGroup...include one of the dates it injected capital, FED announces various debt facilities to rescue banks, Goldman Sachs & Morgan Stanley rescue (they convert to commercial banks...investment banks no longer exist), $700billion bailout bill fails in congress, Iceland goes bankrupt, exact dates hard to remember....its all a blurr.