Industry NewsMarkets & Economy

Expect Fed to take more giant steps

Commentary: 'Foreclosure plague will defy all solutions'
Published on Jan 5, 2009

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by CareyBot

Offer "Happy New Year!" to a friend, and you'll get, "Same to you," followed by an unprintable reference to 2008. Inquire about plans for 2009 -- corporate or personal -- and replies go like this:

"Ummm ... I was thinking about adding another layer of sandbags to the bunker, maybe some wire, and ... Hey, have you seen my helmet around here, anywhere?"