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The Morning Meeting: All About "Libor"
October 14, 2008 9:50 AM
Yesterday we wrote about all the odd terms thrown around the table here -- and it continues today (TARP, Libor, etc.). But the basic questions aren't too complicated. Will the latest version of the U.S. rescue plan -- and the global rescue efforts -- open the spigots of global credit? Did the record-shattering day on Wall Street yesterday signify the beginning of the end of the crisis? We have a lot of other news today: gas prices take another drop; a friendly-fire incident in Iraq is captured by one soldier's "helmet cam"; and -- three weeks before the election -- we take a look at the candidates' economic plans, and the so-called "Bradley Effect" involving race and the vote. Stay tuned...
October 14, 2008 in The Morning Meeting | Permalink | Share | User Comments (2)
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The record-shattering day on Wall Street is a prime example of Ponzinomics. That is, giving a boost to the economic outlook with words, not substance. Where does all this rescue "money" come from????
Posted by: snothanky | Oct 14, 2008 10:34:30 AM
This ought to scare you to death.
If there is something that you need, have been saving for it, and have put it off, please just go out and buy it. The dollar is going to have some real problems pretty soon and things will cost a lot more.
Clark J.
Posted by: Fish Gone Bad | Oct 15, 2008 1:24:00 AM
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