For the first time since 2003 the Dow has closed under 8,000 points.
How much farther do you think we can go before we hit rock bottom? It is not even christmas yet and there still seems to be no end in sight. Shows how much over a decade of over speculation and crappy fiscal policies can do.
And GM is failing, if it weren't for the huge job loss I would be laughing. "It is not our long term plan that causes us to fail it is the credit crisis", more like never thinking about making energy efficient cars instead of SUVs and trucks.