September 17, 2008

Buying frenzy for AIG stock in the morning?

buy buy buy buy…:)
http://finance.yahoo.com/q?s=aig
The US Federal Reserve has announced an $85bn (£48bn) rescue package for AIG, the country’s biggest insurance company, to save it from bankruptcy.
The plan involves a loan in return for an 80% public stake in the company.
The rescue follows Monday’s collapse of US investment giant Lehman Brothers, which caused share prices to [...]

September 17, 2008

Is John McCain out of touch and unfit to deal with Economic Meltdown?

WASHINGTON – Republican John McCain called on Tuesday for a high-level commission to tackle America’s economic crisis, moving to blunt criticism from Democrat Barack Obama who says his opponent is out of touch and unfit to deal with one of the most serious financial meltdowns to hit the United States since [...]