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US: Black Monday
-
Bill Maher interviewed Christina Romer - the former head of President Obama's Council of Economic Advisers, and one of the chief architects of the stimulus bill.
Maher asked - in light of the credit downgrade - "how fucked are we"?
Romer responded:
Pretty darned fucked. -
Bank of America going next?
Plus it looks like we'll see QE3 announced today after FED meeting.
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