Bill McBride, Business InsiderOctober 29, 2012 15:04
There are always many downside risks (meteor strikes, major terrorist attack, war somewhere — possibly with Iran), but I think these are the most probable downside risks.
“Thirteen thousand is not so very important technically as it is emotionally,” Dan McMahon, the head of equity trading at Raymond James & Associates, told the New York Times.
"The city is in an immediate and severe fiscal crisis and it is or likely will become unable to meet its financial obligations," City Manager Bob Deis wrote in a memo to council members, the Wall Street Journal reported.
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