xxxx

Anywhere you turn, you will see a story about banks and savings-and-loan giants failing. I do not know how many more banks have to fail until we see the chaos on Wall Street that the 1929 crash brought about, but people are panicking.
So, how does …

After 8 days of unfortunate news coming from Wall Street, the markets made a come back today. The Dow Industrial average soared 936 points to close at 9387.
A lot of the come back can be attributed to the European union’s announcement to pump $2 …

Well, nothing surprises me anymore. Just weeks after a government funded bailout, the executives for once failing AIG took a nice vacation to a resort in California.
The bill from the resort had $200,000 in room fees, $150,000 for meals, and $23,000 in spa charges…
What …

Doom and gloom is prevalent around Wall Street, and it doesn’t look like it will be over anytime soon. Even with the $700 billion bailout, more banks will fail in the next year. While it will help stave off some of the failures …

So Citigroup was going to buy Wachovia for around $2 billion with the help of the FDIC early last week. On Friday, Wells Fargo decided to agree to pay $14.8 billion (in an all stock deal WITHOUT government assistance) for the failing bank.
So CitiGroup …