While certainly intended as tongue-in-cheek, there's little funny about the economic crunch that has not only seriously impacted Wall Street's numbers, but left many of the nation's top earners pounding the pavement against an increasingly bleak employment landscape.
The Treasury Department said Thursday it has reached an agreement with money market firm the Reserve Fund to assist in liquidating one of the firm's funds.
Jarred by new jobless alarms, Congress raced to approve legislation Thursday to keep unemployment checks flowing through the December holidays and into the new year for a million or more laid-off Americans whose benefits are running out.
And that's why if we don't stop buying into this fairly tale world of magic, cure-all bail outs soon, we could not only lose our national treasure, but we could also lose our dignity as a nation.
As the week nears an end, the major indices are testing lows not seen in 10 years. The Dow closed down 445 points at 7552, and the major indices lost on average 5.78%. Here are a few of the day's winners and losers.
With the specter of a collapse of the auto industry looming, Wall Street's bleeding spread further on Thursday, sending the S&P 500 to 11-year lows and crude oil prices plummeting below $50 a barrel.