21Feb/091
Bank Talks: Fear of Nationalization?
Posted on Feb 21st, 2009 @ 1:54 am by CY
After a hellish week in the stock market, a pop in the coming week is expected and inevitable. Even though BAC and C went down a lot this week, I believe that they will come back up. As soon as rumours of nationalization get cleared, they will no doubt turn around. I may be wrong, [...]
Tagged as: bank of america, banks, bear market, bear stearns, citigroup, countrywide financial, hope, JP Morgan, merrill lynch, nationalization, overreaction, stimulus plan, washington mutual, wells fargo21Feb/095
Obama's New Stimulus Plan
Posted on Feb 21st, 2009 @ 12:36 am by CY
Last week, I listened to Obama’s press conference speech on his newest stimulus plan. My first impression is that Obama is truly a great speaker. We don’t know whether his plan will work out in the end, but the hope he brings to Americans will surely get things going. The new plan seems to have [...]
Tagged as: banks, foreclosure, government, hope, jobs, obama, press conference, stimulus plan, troubled assets