With a new bank sparking fears of collapse almost daily, the stock market on a steady downward trend, and oil prices soaring, the financial industry flutters like an Autumn leaf in apocalyptic winds (sigh).
After Bear Stearns went under in March, with the exception of Goldman Sachs, it now seems that no major bank is safe from the long reach of bad credit. In the red corner, heavy-hitters Lehman Brothers, Merrill Lynch, and UBS are all making news headlines as, in the blue corner, investors question the possibility of collapse in light of disappearing profits. With so much speculation and indecisiveness, I think it’s safe to say that nobody really knows what will happen. Shit has been hitting the fan, shit is still hitting the fan, will shit continue to hit the fan?
This post was created by a user and has not been vetted or endorsed by BuzzFeed's editorial staff. BuzzFeed Community is a place where anyone can post awesome lists and creations." Learn more or post your buzz!
This post was created by a user and has not been vetted or endorsed by BuzzFeed's editorial staff. BuzzFeed Community is a place where anyone can post awesome lists and creations. Learn more or post your buzz!
Broken hearted? Maybe you’ll like something over here instead?
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Shit's Hitting the Fan
http://www.buzzfeed.com/jredmondiii/shits-hitti...With a new bank sparking fears of collapse almost daily, the stock market on a steady downward tr...