[lbo-talk] Fed to Congress: "maybe days away from a complete meltdown"

[Bob Morris]

NY Times on Bernanke and Paulson meeting with
Congress<http://www.nytimes.com/2008/09/20/washington/19cnd-cong.html>last
night.

'As Senator Christopher J. Dodd, Democrat of Connecticut and chairman of the
Banking, Housing and Urban Affairs Committee, put it, the congressional
leaders were told "that we're literally maybe days away from a complete
meltdown of our financial system, with all the implications here at home and
globally."'

-- 
Bob Morris