Word: bankses
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The jury will be out for a long time about whether the federal government's plan to stimulate the economy and save banks will work. The very earliest indications will be if job loss begins to decelerate in the second half of this year and banks free up credit to...
The new penny stocks, practically, are the big banks and the automakers. Will we look back in 10 years and wish we had bought them now? Viewing them as stock groups, I think we will. But that's an important distinction - in both cases, if you buy an individual automaker...
"Our main concern is that all banks have equal access to government funds," says Fine.
It's not clear how much of what Fine discussed with Geithner made its way into the plan that the Treasury Secretary announced in early February. Geithner offered only a broad outline of how he plans to spend the rest of his recovery funds. But community banks were probably pleased...
But don't think for a minute that all this lavish spending at the Grand Palais in Paris might be an indication of a positive turn of events for the world's economy. Indeed, it may be just the opposite. David Nahmad, one of the world's top private art...