Economy Shrinks at Fastest Pace in 26 Years
Citi Gets Nationalized, Don't Call It Nationalization
The Government has reached a deal to buy 36% of Citigroup's common stock. The United States will now be the largest shareholder of the troubled bank (But don't call it nationalization). Citigroup announced another huge quarterly loss.
http://www.chartingstocks.net/2009/02/citi-gets-nationalized-dont-call-it-nationalization/
Citigroup Stock Costs Less Than Their ATM Fee
The shareholders have essentially been wiped out.
http://www.chartingstocks.net/2009/02/citigroup-stock-costs-less-than-their-atm-fee/
Problem bank list tops 250
FDIC reports that number of troubled institutions soared during the fourth quarter to the highest level since 1994.
http://money.cnn.com/2009/02/26/news/companies/fdic_banks/index.htm
Dow Jones Industrial Average marks worst February point drop in history
The S&P closed at 752.44 on Nov. 20, though the benchmark on Monday undercut that prior bear-market low.
http://snipurl.com/cseya
Govt: 'Mass Layoffs' Soared In January
Employers took a large ax to their payrolls in January, the government said Wednesday, and the cuts are likely to get worse over the next few months.
http://www.huffingtonpost.com/2009/02/25/govt-mass-layoffs-soared-_n_169898.html
From Information Clearing House
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Economy Shrinks at Fastest Pace in 26 Years
Jeannine Aversa, The Associated Press: "The economy contracted at a staggering 6.2 percent pace at the end of 2008, the worst showing in a quarter-century, as consumers and businesses ratcheted back spending, plunging the country deeper into recession."
http://www.truthout.org/022709T
http://freepage.twoday.net/search?q=economy+shrink
http://freepage.twoday.net/search?q=Citigroup
http://freepage.twoday.net/search?q=nationalization
http://freepage.twoday.net/search?q=FDIC
http://freepage.twoday.net/search?q=Dow+Jones+Industrial+Average
http://freepage.twoday.net/search?q=layoff
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=Jeannine+Aversa
The Government has reached a deal to buy 36% of Citigroup's common stock. The United States will now be the largest shareholder of the troubled bank (But don't call it nationalization). Citigroup announced another huge quarterly loss.
http://www.chartingstocks.net/2009/02/citi-gets-nationalized-dont-call-it-nationalization/
Citigroup Stock Costs Less Than Their ATM Fee
The shareholders have essentially been wiped out.
http://www.chartingstocks.net/2009/02/citigroup-stock-costs-less-than-their-atm-fee/
Problem bank list tops 250
FDIC reports that number of troubled institutions soared during the fourth quarter to the highest level since 1994.
http://money.cnn.com/2009/02/26/news/companies/fdic_banks/index.htm
Dow Jones Industrial Average marks worst February point drop in history
The S&P closed at 752.44 on Nov. 20, though the benchmark on Monday undercut that prior bear-market low.
http://snipurl.com/cseya
Govt: 'Mass Layoffs' Soared In January
Employers took a large ax to their payrolls in January, the government said Wednesday, and the cuts are likely to get worse over the next few months.
http://www.huffingtonpost.com/2009/02/25/govt-mass-layoffs-soared-_n_169898.html
From Information Clearing House
--------
Economy Shrinks at Fastest Pace in 26 Years
Jeannine Aversa, The Associated Press: "The economy contracted at a staggering 6.2 percent pace at the end of 2008, the worst showing in a quarter-century, as consumers and businesses ratcheted back spending, plunging the country deeper into recession."
http://www.truthout.org/022709T
http://freepage.twoday.net/search?q=economy+shrink
http://freepage.twoday.net/search?q=Citigroup
http://freepage.twoday.net/search?q=nationalization
http://freepage.twoday.net/search?q=FDIC
http://freepage.twoday.net/search?q=Dow+Jones+Industrial+Average
http://freepage.twoday.net/search?q=layoff
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=Jeannine+Aversa
rudkla - 28. Feb, 12:27
