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Stephen King: Lessons from the Great Depression of the 1930s have not been learnt (Independent)

We are living through financial history of the tragic kind. As of Friday's close, America's stock market had declined in value by well over 40 per cent compared with its peak a year ago. Already, this ranks as the fifth biggest stock market decline since the 1920s, beaten only by the 1929 Wall Street Crash (and the ensuing Depression in the early-1930s), the technology collapse of 2000, the ...

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Fear Will Subside (Forbes)

Why the current crisis was unnecessary.

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Wall Street Q&A: Ban on short selling (The Salt Lake Tribune)

NEW YORK - Will stocks benefit now that the government is letting investors bet on financial stocks going down?     It's a strategy known on Wall Street as short selling.

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The financial crisis rescue plan: What is it, will it work? (The Shamokin News-Item)

We’re witnessing an almost unprecedented time in the U.S. The news has been dominated by dire headlines, and now the government is stepping in to help restore credit. The recent events have been an enormous shock to our economy. We often say corrections in the market are normal, but there was nothing at all normal about the following:

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State seizes tire stash deemed huge fire threat (The Arizona Republic)

The Arizona Department of Administration this week evicted a tire recycler who stockpiled as many as 10 million tires on state-owned land southwest of Phoenix. The state now hopes to sell the tires, considered a significant fire hazard and environmental threat, at public auction.

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