Month March 2008

Bear Stearns craters

Wall Street investment bank Bear Stearns received emergency 28 day funding today from JP Morgan and the NY Fed. BSC cratered on the news and closed at 30, down 27 points, a whopping 47% drop in just one day. Reports…

Superdelegates breaking towards Obama

If Obama maintains his current 150 lead in pledged delegates through the end of the primary season, Clinton “would have to snag more than 70 percent of the remaining 334 or so superdelegates.” But TPM wonders if Rev. Wright could…