A No-Confidence Vote Among Financial Stocks [View article]
With the government taking stake in the banks they become more like policy banks, which on the whole is not good for prudent lending. In way we are back to square one of easy credit and money which led to us the current problem.
Couple with toxic assets which are devaluing with the worsening economy leaves very little to be positive about the financial companies.
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With the government taking stake in the banks they become more like policy banks, which on the whole is not good for prudent lending. In way we are back to square one of easy credit and money which led to us the current problem.
Nov 18 12:02 pm
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All Comments by who »A No-Confidence Vote Among Financial Stocks [View article]
Couple with toxic assets which are devaluing with the worsening economy leaves very little to be positive about the financial companies.