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Is now the time to start investing?

Is now the time to start investing?

The stock market has seemed to start leveling off and is back to near-normal. Other investors have started to work their way back into the market after receiving heavy losses. So, is now the time for you, or any other timid investor to start putting …

AIG gives its own bailout money to other banks

After receiving a lot of criticism about givng bailout money to employees in the form of bonuses, AIG released information that the company gave money to foreign and domestic  banks in the tune of $90 billion.
Some of the domestic banks had even received their own …

The Dow is back above 7000 at the end of trading today

After an awful week on Wall Street last week, this one has been pretty good(so far) and been fueled by news from Citi that it operated at a profit for the first quarter and other news out of Washington about federal money headed to financial …

Blago sees his last day as Ill Governor

A 59-0 vote in the Illinois state Senate effectively kicked impeached Illinois governor Rod Blagojevich out of office late this afternoon.
As if getting thrown out of office by his peers wasn’t shameful enough, federal agents are still putting together a file against him in …

White House lets Citigroup know who’s boss.

When word got out that Citigroup would be spending $45 million of its share of the bailout money on a corporate jet, White House officials and President Obama all had something to tell Citi.
Citi execs obviously got the message about their “unacceptable” purchase and released …