http://zerohedge.blogspot.com/2009/03/moodys-releases-leper-list.html
If in the next year all these companies did fail, what kind of unemployment would be see? My rough look - 15% or more in U3.
http://www.bloomberg.com/apps/news?pid=20601109&sid=aNlx.TpHF5W4&refer=home
The word Depression is looking more likely each day. What scares me is the amount of large events just sitting there on the edge to fall. In September it was one or two things. Now it is closer to 15 major things.
Tuesday, March 10, 2009
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