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Monday, Sept. 22, 2008 |
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Staying on top of a market meltdown |
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As you might imagine, last week was a wild one in the MSN Money offices as we dissected the biggest breaking financial story since the Sept. 11 terrorist attacks.
Market Dispatches writers Elizabeth Strott and Charley Blaine, along with new overseas correspondent Andy Rosenbaum, bumped up the usual update schedule to provide nearly round-the-clock coverage as Lehman Bros. fell, Merrill Lynch agreed to a sale, AIG got an eleventh-hour bailout and the Fed prepared a huge rescue. (If you're not getting our Market Dispatches by e-mail already,click here to sign up.)
And our columnists, contributors and partners contributed a wealth of detailed analysis on this very fluid story. The nature of news is that it gets old fast, but many of these articles are still worth a look because they address questions readers are still asking in e-mail and on our message boards.
In "Poof! There go Americans' dreams," Jon Markman outlines in real terms what these corporate collapses mean to the average person just hoping to fund a 401(k) and retire someday.
And in case you were wondering just what it does, take a look at "Why AIG matters."
On our blogs, "The Fed's new role: Sugar daddy" by Andrew Horowitz looks at just how far the government should delve into fixing private businesses. In fact, the Top Stocks blog proved to be a great place for breaking-news analysis. Markman, for example, contributed several posts including this one on the short-sale limits implemented at 3 a.m. Friday. He posted before 7 a.m.
Stay tuned and hold on. And of course,drop me an e-mail to let me know what you think and what you still need to know.
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Richard Jenkins, Editor in Chief |
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