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Dow slumps as AIG notches record loss

Wall Street’s benchmark Dow Jones index plunged Monday to close at levels not seen since 1997 — after U.S. insurance giant AIG revealed monumental quarterly losses of $62 billion. AIG’s results came hours after the U.S

Posted byadminMarch 2, 2009Posted inDaily NewsTags: a-good-position, aig, america, book, business, federal-reserve, financial, government, institute, insurer, japan, paris, psychological, street, world

The Paradox of Thrift

Don’t spend more than you make.

Posted byadminFebruary 14, 2009Posted inDaily NewsTags: american-values, americans, country, disney-world-to, homes, institute, past, president, Recession, simply-standing, source, washington

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