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Warren Buffet believes the economy will remain in “shambles”

March 1, 2009 – 2:18 am – No Comment

The billionaire Warren Buffet, who has made his money in investments, belives that the United States economy will remain in bad condition through 2009 and “well beyond.”
The news didn’t give any hope to investors or people waiting for the economy to pick up.
Then again, his …

SEC bans short selling on 799 Financial stocks

September 21, 2008 – 7:28 pm – No Comment

One day after the UK Financial Services Authority pulled a similar stunt, the SEC temporarily banned the short selling of almost 800 financial stocks. According to the ban, on October 3rd short selling can resume.
With the news on Friday, financial stocks rallied.
Here’s the list …