Recession: 5 weeks on the brink

5 weeks on the brink: Reliving the meltdown of '08

California nears financial "meltdown" as revenues tumble

California's government risks a financial "meltdown" within 50 days in light of its weakening May revenues unless Governor Arnold Schwarzenegger and lawmakers quickly plug a $24.3 billion budget gap, the state's controller said on Wednesday.

www.reuters.com

Meltdown U.S.A - Cities Slash Health, Cops, Fire.

Around the country, the mortgage crisis and the slumping economy are causing tax revenue and investment returns to plummet, forcing cities big and small to cut expenses.

Read more Meltdown Cuts City Workforce

Government To Unclog Credit Lines

We regret having to take these actions. Today's actions are not what we ever wanted to do -- but today's actions are what we must do to restore confidence to our financial system."....

Read more Government moves again to unclog credit lines

For Wall Street: Armageddon was just minutes away

I mean, what -the- hell?

As though enough isnt enough, we now learn that wall street was about to take a 'Armageddon' size hit last thursday. Its now being reported that the stock market was 500 trades shy of a "meltdown", Armageddon style.

Who knows? - Maybe next time.

Read more New York Post


Source: New York Post

Unforgivable by Sean John Fragrance Collection. $16 - $74 I want it

A breathtaking fragrance expression that says "sexy, rich, unique and passionate." Slightly dangerous, explosive yet cool. Hints of Sicilian Lemon, Champagne, Tuscan Basil and smooth Rum.