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MOB #48 – Financial Meltdown Midweek Update

September 18th, 2008 · podcasts

On this episode of Millionaire or Bust, we have our first midweek short episode. What a week to have a first short episode! The financial markets were imploding, so rather than get to a couple quick money saving tips, I had to give an update on the markets.

I caught you all up on what had happened since the last episode was recorded. I talked about Lehman Brothers’ bankruptcy, Merrill Lynch’s possible sale, AIG’s bailout by the United States government, the start of trading on Thursday, home mortgage rates and so much more. In order to keep the show short, I wasn’t able to explain the ramifications of the week’s events too deeply. That will have to wait until the next full length show on Monday when we’ll have a little better idea of what hit us this week.

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