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Archive for September 15th, 2008

Sep 15 2008

Lehman Brothers Files For Bankruptcy, Merril Lynch Sold to Bank of America

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So the economic shit has really hit the fan.

First New Century Financial files for bankruptcy.

Then Bear Stearns is bought before it implodes.

Next Indy Mac fails.

Then Fannie and Freddie Mac are “co-opted” by the government.

Now Merril Lynch is being purchased by Bank of America

And finally Lehman Brothers is filing for Chapter 11 Bankruptcy.

Add in skyrocketing energy prices and the country shedding jobs faster then Pamela Anderson sheds clothes and I’d say we’re in a big fucking MESS.

But according to our current president the economy is all but sound and according to one of our presidential candidates advisors, Americans are a “Nation of whiners,” for complaining about the country being in a recession

Right

There’s nothing to see here.

Just keep it moving,

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