Aardvark Cola

Posts Tagged ‘subprime

A historic week on Wall Street

Posted by: aardvarkcola on: September 20, 2008

One mayor of a municipality I covered for a small newspaper told me that no one new on council ever asked questions about the budget. Budgets for the municipality were under $30 million. Sure enough, budget time rolled around and the new councillors looked thoughtful, listened to the debate, but asked no questions.
Why?
There really is [...]

Will Americans get pissed off over this banking crisis?

Posted by: aardvarkcola on: September 17, 2008

Scribe Allan Fotheringham (in Canada all who write are writers; Foth is our only scribe) described his fellow Canadians as people who will, as pedestrians, stop on a sidewalk intersection in the middle of the night, no traffic coming, no one looking, and wait politely until the “walk” light comes on before crossing the street. [...]

Financial crisis – story links

Posted by: aardvarkcola on: September 15, 2008

Looking for a video lead for this post. Found the best one on Aljazeera, of all places.

Fed moves to deal with financial crisis, from Associated Press
From Bloomberg.com http://www.bloomberg.com/news/index.html
Headlines from Reuters include “Struggling to Survive” and “Wall Street mauled by Lehman bankruptcy, AIG fears”
“Problems at Lehman spill over into several Canadian companies” [...]