Global sell-off panic hits US

U.S. stocks plummeted this morning, for the eighth day in a row of ugly losses. At 9:38 a.m. ET, the Dow Jones Industrial Average…

Black Friday: markets suffer biggest loss in 21 years bracing for worse, and cry for help

  If ever there was a setup for a Black Friday on Wall Street, this is it.   We can hope it doesn’t happen….

At one point the TSX falls below 10,000

The S&P/TSX composite index has fallen below the psychologically significant 10,000 point mark for the first time in more than three years. The last…

Lehman Files for Biggest Bankruptcy in American History, rumors of warnings with AIG and Citibank and the coming market meltdown

Sept. 15 (Bloomberg) — Lehman Brothers Holdings Inc., the fourth-largest U.S. investment bank, succumbed to the subprime mortgage crisis it helped create in the…

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