 | Peak Oil Update - August 2008: Production Forecasts and EIA Oil Production Numbers | The Oil Drum | DrumBeat: September 14, 2008 |  |
149 comments on Lehman: more socialising the losses of the rich
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149 comments on Lehman: more socialising the losses of the rich
Comments can no longer be added to this story.
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Agreed. It seems very much like you suggest. They are attempting to make the 'too big to fail' list so they are not cast to the wolves. In effect, the big financial players are attempting to consolidate their web of interconnectedness.
The global financial system is falling apart really quickly now... it's looking like they'll struggle to keep it going until the US election.
Unfortunately that makes me expect a worse distraction event soon.
Are there any shots from the Space Station showing how far reaching the waves of distruction are?
P.S. No I am not confused and thinking I'm on the Ike thread. This financial Storm is a monster and worthy of all the hype we can muster.