BUT, the financial situation does have many of the earmarks of a manufactured scenario. The "Crisis of 9/18" put the final nail in the McCain "campaign's" coffin. I have no trouble believing that Mr. Soros may have engineered the electronic run on the markets, It is certainly within the scope of his ability, especially with some well-placed help..
At the time, a theory was bruited about that this was a scenario, which although it certainly achieved its objective, could very easily get out of hand. At the very least, the "Crisis of 9/18" deserves intelligent scrutiny.
It’s pretty clear what happened, housing was going down companies like Bear and Lehman had to make good on the ‘insurance’ they provided investors...it was becoming quite clear they didn’t have the reserves to cover the losses...investors panicked. Had the government rescued Lehman it might have been avoided...Lehman going down triggered fear and uncertainty certainly. No matter what it would have happened eventually.