Wall Street Bankruptcy: When Will It End?

The late 19 nineties were like the goldilock zone of macro economics. There was good economic growth, low interest rates and low inflation. In these years of prosperity, under allan greenspan's leadership, that the d's influence continued to grow. The dow tumbled more than 500 points after two pillars of the street tumbled over the week end. Leman brothers, a 158 year old firm, filed for bankruptcy. Now it's official. We are in a recession. It is definitely a very, very difficult time, and it's not going to get better quickly. So in just six months, three of the five biggest independent firms on wall street have now disappeared. But