Socrtease
Verified User
Posted Sep 30, 2008 12:20pm EDT by Henry Blodget in Investing, Recession, Banking
Related: ^dji, ^gspc, ^ixic,
The bailout mess should have been a great opportunity for John McCain to trumpet his dissatisfaction with special interests and the status quo on Wall Street and in Washington, D.C. Instead, his odds of winning the presidency have plummeted with the stock market.
According to our guest Alan Murray, deputy managing editor of the Wall Street Journal, McCain has so far failed to harness momentum from the bailout mess and run with it. In fact, Murray says, Barack Obama now appears the more presidential of the two candidates. As Congress frantically pushes for another bailout effort -- and with only a month left until the Nov. 4 general election -- time is running out for McCain.
Related: ^dji, ^gspc, ^ixic,
The bailout mess should have been a great opportunity for John McCain to trumpet his dissatisfaction with special interests and the status quo on Wall Street and in Washington, D.C. Instead, his odds of winning the presidency have plummeted with the stock market.
According to our guest Alan Murray, deputy managing editor of the Wall Street Journal, McCain has so far failed to harness momentum from the bailout mess and run with it. In fact, Murray says, Barack Obama now appears the more presidential of the two candidates. As Congress frantically pushes for another bailout effort -- and with only a month left until the Nov. 4 general election -- time is running out for McCain.