This Week in the LA Progressive: 2 May to 8 May 2010

With articles by Robert Reich, Joseph Palermo, Charley James, Randy Shaw, Nomiki Konst, Rev. Irene Monroe, Mario Solis-Marich, Anthony Asadullah Samad, Georgianne Nienaber, Andrea Nill, Tracy Emblem, Wayne Williams, Cathy Cockrell, Tina Dupuy, Ron Wolff, Tom Degan, Shamus Cooke, Michael Sigman, David A. Love, Sharon Kyle, Bob Letcher, Robert Illes, and Ivan Eland

The (Almost) Crash of Wall Street

wall street crash

Robert Reich: Ninety minutes before the end of the trading day today, the U.S. stock market almost melted down The Dow Jones Industrial Average dropped nearly 1,000 points. The market regained ground before the end, like a giant 747 narrowly averting a crash landing, but the questions of the day are: What happened? And what does it mean?

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