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The Dow Jones Crossed the 10,000 mark today

The Dow Jones Crossed the 10,000 mark today

For the first time in just over a year, the Dow Jones has traded above 10,000. The last time the Dow traded above 10,000 was October 7, 2008. It hasn’t closed above 10,000 since October 3, 2008. The lowest it has traded at since then …

WaMu sues FDIC for $13 billion

Following what WaMu said is an unreasonably low price of $1.9 billion sale to JP Morgan Chase, the failed savings and loan company is suing the FDIC for over $13 billion.
WaMu filed a complaint with the U.S. District Court for the District of Columbia accusing …

Citigroup and their $2.5 Billion loss

Citigroup posted a $2.5 Billion dollar loss for the second quarter. In my opinion, that?s not good at all. That would be called a disaster. However, this loss was less than expected, so it’s good? Yea, I’m confused. This was their 3rd loss in a …