Wall Street Breakfast: Must-Know News [View article]
Signs are now that the banks have raised cash and are paying back TARP, that people are now realising the prices of the new stock was way too high and deciding to get out whilst they can still get a decent price. If you're holding: sell, or sit on your loss for many many moons.
Wall Street Breakfast: Must-Know News [View article]
Yep, those of us who stayed within financial solvency by prudent money management, even if it meant we didn't live quite the high life we would have liked, are now going to be paying for those whose financial acumen is suspect, at least, and may even have bordered on deceit when completing their mortgage application (oh, yes I earned mega-$s last year ...). I just hope it's all worth it in the end, but I have my doubts.
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]