Wall Street is dead.
21 September, 2008
I just heard about this on the BBC, though this is AP copy [emphasis mine]
“The Federal Reserve said Sunday it had granted a request by the country’s last two major investment banks — Goldman Sachs and Morgan Stanley — to change their status to bank holding companies.”
In under two weeks, Wall Street in NYC has ceased to be the investment banking capital of the world.
Let me say that again:
NYC has ceased to be
the investment banking capital
of the world.
Related new, the Public Debt:
minus 09/30/2000 $5,674,178,209,886.86
equals $ in the “red” over 8 years.
that’s 3,990,453,593,372.21 divided by 303,824,640 people
equals $13,134.07 each – babies included!!! – and that’s just the –change– over 8 years.
Is it really any wonder that some people want receipts from voting machines?