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It’s as Bad on Main Street as Wall Street
A long-standing observation of ours is this: the further you get away from Wall Street, the more optimistic you get. On Wall Street, stocks go up and down—sometimes violently—every hour, minute and second of the trading day. Wall Street’s Finest slash ratings on stocks, worry about quarterly ...
A Memo Found in the Street
online.barrons.com — To : Washington, D.C. From : Wall Street Re : Credit Crisis Dear D.C., WOW, WE'VE MADE... QUITE A MESS OF THINGS here on Wall Street: Fannie and Freddie in conservatorship, investment banks in the tank, AIG nationalized. Thanks for sending us your new ... (more) A Memo Found in the Street
Main Street vs. Wall Street — The American, A Magazine of Ideas
american.com — Main Street remains suspicious of government plans to buy distressed mortgage assets. Leading politicians and newspaper editorials... are struggling to explain how the financial bailout will help Main Street. They see that the challenge is to get the ... (more) Main Street vs. Wall Street —  ...
From Wall Street to Main Street: Lessons from the Great Depression | vox - Research-based policy ...
voxeu.org — A couple of months ago at lunch with a respected Fed watcher, I asked, What are the... odds are that US unemployment will reach 10% before the crisis is over? Zero, he responded, in an admirable display of confidence. Watchers tending to internalise the ... (more) From Wall Street to Main Street: Lessons from the Great ...
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Friday links: deleveraging is painful
Abnormal Returns — ... “For the first time in our experience, bad as things are on Wall Street, they’re just as bad on Main Street.”  (Jeff Matthews) ...

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