November 19, 2008
Written by: Jessica Behnham
Money went unmentioned in polite conversation. Hard to believe, because money is all people talk about now. Bailouts, mortgage-backed securities, cramdowns, liquidity, Fannie Mae, Freddie Mac, AIG, Lehman Brothers, Citi and on and on. The U.S. obsession with money is everywhere you turn.
Tap on the radio first thing in the morning, and there's talk of futures trading and how the Tokyo Stock Exchange fared overnight. Watch daytime news on CNN and you can't avoid the vacillating Dow Jones industrial average in the corner of your screen. A score of international leaders met in Washington recently to discuss -- money.