Bio • Email • Archive
 

Enough already!!!!

Another 600+ points on the Dow? The explanation being offered is the tumble today in GM stock (S&P places General Motors & GMAC ratings on watch with negative implications), but there's no way that should lead to such a market-wide sell off. I was on the phone with economist Chris Thornberg as the numbers kept falling, and he said "We've moved from denial to hysteria."


More by Mark Lacter:
Barry Diller's many paychecks
Say hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
Recent stories on LA Observed:
Barry Diller's many paychecks
Say hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
Previous story: Grim economic outlook

Next story: California crunch eases

New at LA Observed
Follow us on Twitter

On the Media Page
Go to Media
On the Politics Page
Go to Politics

LA Biz Observed
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
LA Observed on Twitter and Facebook