By Patrick Wood, Editor
September 15, 2008
"The immediate aftermath of the Lehman Brothers bankruptcy will be a massive and manic flight to liquidity and withdrawal of funds and credit from banks, S&L's, insurance companies and brokerages, leading to more failures...
Nothing can stop it at this point.....
The Lehman Brothers bankruptcy is the largest in the history of the world."
Go to this web page to read more.
http://www.augustreview.com/news_commentary/global_banking/let_the_bank_runs_begin%21_2008091599/
To add to this, the Dow dropped 500 points today. The largest drop since Sept. 11, 2001.
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