Tuesday, June 3, 2008

Debt Rattle, June 3 2008: What goes up must come down harder

Dorothea Lange The Wayfarer February 1939On U.S. 99 between Bakersfield and the Ridge, en route to San Diego. Migrant man shaving by roadside. Ilargi: Lehman is in serious trouble on Wall Street. But that�s nothing compared to Bradford & Bingley in the UK, which may be wiped out in a matter of days. As you can see below, they were very close a few days ago. A bank run has been avoided so far

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