September 14, 2008
Capitalism don't fail me now.
It's a scary thing when capitalism stops running smoothly. This year has been a disaster, but the government has managed to step in and prevent the economy from collapsing when major investment firms have fallen into financial ruin. As a result, there were a lot of funny cartoons about banks asking for loans from tax payers.
However, the Lehman Brothers are seemingly the first major firm denied the federal helping hand and we're seeing how destructive financial mismanagement actually is. The Lehman Brothers are about to be liquidated. Like a mattress store shutting down. Everything must go. This will probably happen to several more corporations this year. It will suck.
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