Senin, 02 Maret 2009

Dow: 6,763. Lowest Since 1997.

The Dow has lost more than 22% just in 2009. But it's not just the Dow that tumbled; markets around the world were lower on weakening economies and the AIG debacle. AIG received $30 Billion more in bailout money (#4 bailout) even while reporting the $61.6 Billion largest quarterly loss ever. NYT writer Joe Nocera explains in layman's terms why Treasury won't allow AIG to fail.It's bad.The US

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