By Pete Kotz
On July 11, 2008, the price of oil rose to $147 per barrel, a record high. Gas stations engaged in hot pursuit as the price of a gallon rocketed past $4. All hell was about to break loose.
The country's largest banks had already begun to implode through arrogance and ineptitude. Now t ... More >>
BY MARC COOPER
Let's see Lehman Brothers goes bust, Merrill Lynch auctions itself off to B of A, WaMu circles the drain along with countless other banks, Wall Street itself is in the balance and with it the entire global economy teeters on the abyss. Other than that...
Alan Greenspan, former Fed C ... More >>