Thursday, September 18, 2008

Haiku of the Day


AIG bought out

Now I'm part owner of it

Such a bargain price

1 comment:

Akash Mittal 4 said...

Since the start of the week, Lehman Brothers has collapsed, the Federal Reserve has bailed out insurance giant AIG, Merrill Lynch has been acquired by Bank of America and in the UK, Lloyds TSB has acquired HBOS.I can't believe that the economy is that bad now. Also, what exactly is the government doing? They waited till the very last minute to bail out AIG. At first, I never heard of Merrill Lynch or Lehman Brothers, but when I was watching the Today show, I realized how important they are to the economy. What I don't understand is how things are progressively getting worse? The Republicans say that everything is going good/well and there is nothing to worry about. Now people are not able to afford bread or milk. Gas is becoming costlier. I believe that if something is not done really soon, US can see some things "crash". Hopefully, we can trust these presidential candidates on improving the economy. People are now buying gold like crazy, and nothing is really secure. Currently, unemployment rate is at 6.8%, that is still pretty high. Something needs to be done soon and fast!!