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Wall Street Breakfast: Must-Know News

If there was a false rumor, by individuals on their own or someone working in a "fund" about the stress tests for the purpose of driving down the stocks they should be found out ,prosecuted, and never to be able to trade in stocks, securities, currency or commodoties again.

How Was March a Bad Month?

These "mega banks" like Citi and Bank America need to be up front with people and not paint a picture that isn't.

When they said "we are making a profit" in Jan and Feb, from what I've read, they didn't tell the rest of the story nor did it change their situation with the mortage paper problems. They are just hoping for a accounting change which really doesn't put them in any better position and it would allow them to continue business as usual.

Personally, I believe people should switch to their local Credit Unions and home town banks that operate within their own state.

How to Profit from Market Manipulation

Very good article. Finally someone writing to educate the average investor instead of doing a pump and dump as so many others do.

Number of U.S. Homes With Negative Equity Is Stunning

All this run for the bail out money is getting out of hand. Some are changing their business charter to qualify wether they need the money or not. The Democrats now seem to be willing to throw the money at anyone that wants it. The same people that created the problem are getting the funds with no greater intelect to use it.

The Feds need to make stipulations that any corporation or financial institution receiving the funds first replaces their CEO's, CFO's , top execs and Board of Directors that created the mess.

As for selling mortgage accounts from one bank or institution to another laws need to be in place that they are sold "in whole" and not broken up into fractions going to multiple buyers.