Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts

Monday, December 1, 2008

Bush's "Legacy":Dow Plunges 680 Points- Recession Official.

The National Bureau of Economic Research says the U.S. economy has been in recession since December 2007. Many economists believe the current downturn will last until the middle of 2009, and will be the most severe slump since the 1981-82 recession.

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Sunday, January 20, 2008

Bankrupt Mortgage Executive Kills Himself, Wife

Walter Buczynski jumped from the Delaware Memorial Bridge on Friday after killing his wife, Marci. Buczynski was the Vice President of Fieldstone Mortgage, a Maryland lender with $5.5 billion in subprime loans.

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***are you sure we're not heading into a depression? i believe we are already in a recession. this sounds like old history...