The Rally That Wasn't There

By Jon Nadler
08 September 2008 @ 02:59 pm EDT

"The End Of The World As We Know It" mega-event that so many had long feared and had geared up for, took place over the weekend. And, once again, most people woke up, ate their breakfasts, and went to work as they would on any other Monday, while the sky remained in it habitual place. The biggest ever rescue of a financial entity was carried out by the US government. "Frannie" has now been put into conservatorship and half of the US mortgage market is suddenly looking like it will have the support it needed but was lacking in order to avoid a collapse.

IBTimes Commodity Commentaries

E-Newsletters

We value your privacy. Your email address will not be shared.