The Economy is Shit Thread

[pennypincher]

I hammered this into the failing bank thread, so lets just create a new thread. This should help further motivate people to diversify their funds including some into a good safe swiss bank.

Lets just pile up the bailouts and everything else in this thread.

Lehman Brothers - Bankruptcy
Merrill Lynch - purchased (luckily, so it really shouldn't be on this list)
Bear Stearns - collapse
Freddie Mac / Fannie Mae - bailout

American International Group - the world's largest insurance company forced to restructure (so i guess this shouldn't be on the list).

[Brett]

somehow i think this thread will start growing in size as there certainly is plenty of endless material to submit to it with the way are economy is going right now.