Back To The Future On Wall Street (GM, F, EBAY)

October 10, 2008 | By Derek Simon Last night I watched "Life on Mars," a television program centered around a police detective named Sam Tyler (played by Jason O'Mara), who, following a car accident, suddenly finds himself transported to 1973. Naturally, Tyler is confused, which is quite understandable given the circumstances, I'd say. Just imagine what he had to deal with: an oil crisis causing gasoline prices to quadruple practically overnight, bankrupt banks (in England), the Dow Jones dropping nearly 18% in value during the year (on its way to a 40.3% decline by the end of 1974) and a presidency in turmoil. If it weren't for bell-bottom jeans, "Jesus Christ Superstar" and Tony Orlando & Dawn, I doubt Tyler would have ever known he'd left the present. Frankly, things have gotten so bad in the latter half of 2008 that I... [read full story]                    

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