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2008-10-04 Home Front Economy

French PM says 'world on the edge of abyss'

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Posted by lotp 2008-10-04 09:30|| || Front Page|| [5 views ] Top

#1 When isn't the world on the edge of abyss?

Posted by tu3031 2008-10-04 11:30|| 2008-10-04 11:30|| Front Page Top

#2 Wne it's on The Edge of Night.

Posted by Nimble Spemble 2008-10-04 12:09|| 2008-10-04 12:09|| Front Page Top

#3 We have been there before.

Posted by JohnQC 2008-10-04 12:19|| 2008-10-04 12:19|| Front Page Top

#4 Han Solo: You said you wanted to be around when I made a mistake, well, this could be it, sweetheart.
Princess Leia: I take it back.

Posted by Procopius2k 2008-10-04 12:38|| 2008-10-04 12:38|| Front Page Top

#5 Nice "Don't panic" speech, genius.

Posted by mojo">mojo 2008-10-04 18:39|| 2008-10-04 18:39|| Front Page Top

#6 Just heard on local radio:

Students already attending classes at Arizona State University, with approved student loans, have had their accounts frozen. Either the creditors have gone bust, or are refusing to release the funds.

The only school that has calculated the number of students affected is the law school, with about 50% of its students running on vapor.

The university is continuing classes for now, but will be busted pretty quick without that money being released.

Posted by Anonymoose 2008-10-04 18:40|| 2008-10-04 18:40|| Front Page Top

#7 #5 Nice "Don't panic" speech, genius.
Posted by mojo

see: "Bacon, Kevin, "animal house" at IMDB.com :-)

Posted by Frank G">Frank G 2008-10-04 18:45|| 2008-10-04 18:45|| Front Page Top

#8 Anonymoose, what's worse is that many colleges and universities hold their operating funds in a vehicle housed with Wachovia bank. Last week Wachovia allowed only limited withdrawls to colleges and universities while they are negotiating their buyout with Wells Fargo. A lot of school janitors, cooks and faculty going without paychecks if it doesn't get resolved quickly.

The bailout/buyout stinks. But the credit crunch is real.

Posted by lotp 2008-10-04 21:59|| 2008-10-04 21:59|| Front Page Top

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