"The Worst Financial Crisis Since the Great Depression" -- Chief Strategist for Wachovia.

[David Zephyr]

Bush is Hoover.

"People are finally realizing that we are probably in the worst financial crisis since the Depression," said Alfred E. Goldman, chief market strategist for Wachovia Securities, a 49-year veteran of Wall Street. "We're in a period of excessive fear."

[grasswire]

1. link?

I want to pass that to a skeptic.

[nadinbrzezinski]

3. Here

http://economictimes.indiatimes.com/Morgan_Stanley_banks_rush_to_complete_deals/articleshow/3500667.cms

He might discount it since this is not the murican press

[nadinbrzezinski]

2. Oh wait, you telling me that this guy is also into hyperbole?

Been told that by some round these parts

Or should I add him to the list of people SAYING JUST THAT who DO HAVE A CLUE?

[ixion]

4. Hell, Lehman survived the first one

so in sheer magnitude, it's worse...

[zazen]

8. now I'm more scared--never thought about it that way! n/t

[knitter4democracy]

5. Period of excessive fear?

Um, there's darn good reason for that. What, they think we all should keep trusting them or something?

[Blue_In_AK]

6. Our IRAs are with Wachovia.

We pulled them out of the stock market some months ago. Our money guy said things won't turn around until after the election. I got the feeling that our local office, at least, was leaning Democratic.

[damntexdem]

7. At least until it surpasses the Great Depression.

All we have to excessively fear is excessive fear itself.