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Why some banks are profiting in the recession

July 20, 2009 – 9:42 am – No Comment
Why some banks are profiting in the recession

Some of the country’s largest banks are posting unexpected and large profits. Why is it when the consumers of the nation are hurting that some banks are doing so well? After all, on Thursday JPMorgan announced a $2.7 billion second quarter profit, Goldman Sachs — …

Economic Optimism

May 19, 2009 – 4:30 pm – No Comment
Economic Optimism

Word got around that the economy was showing the signs of revival. The optimism of the experts has quickly been reflected in the buying patterns of investors and the economy is beaming. Yesterday, the Dow Jones industrial average was at a 235 point high, the …