Wednesday, September 17, 2008

lehman brothers

I was shocked by the Lehman Bros news this morning as I drove to work. I have taken to listening to NPR News in the car. Does that mean I am getting older? I heard last week about the rumors, but to hear it really happened was a rude awakening.

The news, where the giant company applied for Bankruptcy protection, is the largest chapter 11 filing in US history. Whoa. This is the latest in a long string of scary happenings in the US economy. I don't even want to reveal my predictions for the short-term health of our economy, but things aren't good at all. Check in with me when Goldman files for protection. I'm just saying...

Saving money in mattresses doesn't sound so bad right now.

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