Associated Press photos
LEFT: Stockbrokers at the New York Stock Exchange on Oct. 25, 1929, the day after “Black Thursday.” RIGHT: Traders Peter Edelson (right) and John Porcelli Jr. worked the NYSE floor last week. |
Then & now
Run-up to Great Depression and today's recession havesome eerie similarities, but many important differences
By Dean Calbreath
STAFF WRITER
On the campaign trail, Republican vice-presidential nominee Sarah Palin worries aloud that the nation “could be on that path” to the Great Depression. Her Democratic rival, Joe Biden, compares this year's election to the Depression-era clash between Herbert Hoover and Franklin Roosevelt.
2008 VOTE: PRESIDENTDemocrats see opening in 3 states on GOP turf
Obama targeting Colorado, New Mexico, Nevada voters
By John Marelius
STAFF WRITER
COLORADO SPRINGS, Colo. – Once a virtually impenetrable Republican fortress in presidential elections, the Rocky Mountain West is one of the top targets in the nation for Democrats as they seek to reclaim the White House next month.
Border bloodshed likely to worsen, experts warn
Unease about potential for spillover rises in U.S.
By Leslie Berestein and Sandra Dibble
STAFF WRITERS
After a particularly violent week in Tijuana that has left 54 dead in a fierce cartel power struggle, experts on both sides of the border fear the worst is yet to come.
Pressure to take risk almost sank Fannie Mae
By Charles Duhigg
NEW YORK TIMES NEWS SERVICE
When the mortgage giant Fannie Mae recruited Daniel Mudd, he told a friend he wanted to work for an altruistic business. Already a decorated Marine and a successful executive, he wanted to be a role model to his four children – just as his father, the television journalist Roger Mudd, had been to him.
