Our Awful Situation

Quick notes on the economy today

Posted by Charlie Kilo on April 8th, 2008

Is the worst over or has it all just begun?

Fed auctions another $50 billion to cash strapped banks

Banks split on whether the worst is over

Pending home sales fall to record low

Oil at $109 a barrel

WAMU get $7 billion infusion, cuts jobs

I’m going to go out on a limb and say that we’re not even close to the light at the end of the tunnel.

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