Tuesday, September 16, 2008

The Financial Storm of the Century

US in 'once-in-a-century' financial crisis : Greenspan

Top Economist: Americans Should Worry About Bank Deposits if Congress Doesn't Act

(Watch Video)

"That "run" could accelerate as people realize the FDIC fund has about $50 billion to "insure" about $1 trillion in assets at the nation's financial institutions, says Roubini. "They're going to run out of money" unless Congress acts soon to recapitalize the FDIC."

Totalitarian Government? 9/19/08