On Thursday, Sept. 18, 2008, the astonished leadership of the U.S. Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in grave danger of a complete meltdown within a matter of days. “There was literally a pause in that room where the oxygen left,” says Sen. Christopher Dodd (D-Conn.).
In case you missed PBS’ ”Inside the Meltdown,” aired tonight, February 17, 2009 at 9:00am, it is an in-depth 1-hour program detailing the breakdown of the financial system over the last year. Its very well done, and provides some valuable insight into the credit and financial markets meltdown we have experienced during the course of the last year. Click play to view:
Hover over the dots next to the clock for the story chapters.
I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here. — Warren Buffett
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WSJ's What's News Early Edition, March 18, 2010by The Wall Street Journal 18 Mar 2010 at 6:00am
Democrats inched closer to a majority on health-care legislation ... Bernanke warned that a proposal stripping oversight of smaller banks from the Fed would unwisely narrow the central bank's focus ... and the Dow ind...
Jeffrey Saut Daily Audio Comment Raymond James
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Jeff Saut’s Daily Audio Comment is recorded every weekday, except Wednesday, at 9 a.m. ET. It is made available to the public on this Web page at approximately 1 p.m. ET.
