New and Improved Bailout Package Revealed
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No I’m not sarcastic. It really does get better.
I outlined in my post - The Rush to Bailout Wall St… Money, It Can’t wait what I’d like to see in the Bailout changed.
Well someone [...]
The Rush to a Wall St. Bailout. Money… It can’t wait.
I’ve been thinking of this “Bailout” over the past week. The Bailout can’t wait according to the Feds. I wish I could go to my bank and say “This loan can’t wait. I need it in 2 days.” It just doesn’t work that way for me. The bank has to do their dilligence and come [...]
SEC bans short-selling of 799 financial stocks & Other Measures
What a bummer. The SEC has determined that one of the ways to stave off the financial panic is to prevent shorting of some financial stocks. ”The emergency order temporarily banning short selling of financial stocks will restore equilibrium to markets. This action, which would not be necessary in a well-functioning market, is temporary in [...]
