Diary of a Very Bad Year Chapter 3 - Right Before Everything Broke
This is part of my series retelling Diary of a Very Bad Year. Today we’re covering Chapter III.
It’s September 4, 2008. The Dow is at 11,188. Unemployment just hit 6.2 percent. Over 300,000 foreclosures this month. And HFM is back in his midtown office, looking out the window at the same city. But things are worse now.