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Balanced News, Balanced Views

Wall Street Turmoil

We asked your views on the dramatic drop on Wall Street.


Buckle up. It's gonna get real bumpy for a while.  --  Andrew, Imperial Beach

 

I think Osama wanted to break the US economy on 9-11 Bush has more than helped him with oil prices and the war drain all we have all the while Bush and Chaney are in the oil bus. Chaney in the war bus. with Halaburton so they are getting richer off the people they are supposed to protect.George W makes Benedick Arnold look like a boy scout why is he not impeached.  --  Bob, Alpine

 

I believe the Treasury and the "Fed" reacted appropriately by not "bailing out" Lehman. The crux of the crisis is to restore confidence in our free market economy and our banking system. As a former S&L executive, mortgage-backed secutities trader, FDIC bank examiner and Merrill Lynch employee, I have been involved in the banking, securities and mortgage markets for thirty-five years. I believe the Federal Reserve, Treasury, and banking regulators have done exactly what was needed to bring a little stability to the markets. More importantly, they have brought a little calm to a situation that had the potential to incite a "depression era panic" to our banking and credit system.  --  Robert, Chula Vista

 

 

Published Tuesday, September 16, 2008 12:23 AM by Mark Bunker

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