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GE, GE Capital Ratings Outlook Cut to Negative by S&P

Could pass up this story! I just bought 3k worth of stocks today increase a position I already had this morning and starting another, layed down for a nap woke up and was suprised to see I got shot in the foot! Lost $100 bucks thanks to the stupid ratings agencys messing with [...]

US, Europe snap back from heavy losses

Sometimes sheep fly around the country and steal all the money from the people whom are already broke.  Of course we know that the sheep are actually just mad crazy bankers all trying to rip us off by playing with fake interest rates that don’t really exist.  All trying to raise our rates on our [...]

Bailout Banks Have Gone Greedy and take over Florida bank

Regulators close down Freedom Bank, a Florida-based bank with total assets of $287 million.
Fifth Third Bancorp, which is receiving $3.5 billion in bailout money, will acquire Florida’s failed Freedom Bank.
The Bradenton, Florida bank, which was shut down on Friday by state regulators, is the 17th bank failure this year. The bank had total assets [...]

Fed Throws Another 21 billion at AiG — IDIOTS

The American International Group said Thursday that it had been given access to the Federal Reserve’s new commercial paper program, allowing it to reduce its reliance on a costlier emergency loan from the Fed.
The company said it would be able to borrow up to $20.9 billion under the new program, raising its maximum available credit [...]

Euro Nears 18 Month LOW Against Strong Dollar

The dollar traded near an 18-month high against the euro after U.S. Federal Reserve Chairman Ben S. Bernanke endorsed additional fiscal stimulus to avert a prolonged recession.
The greenback was also close to its strongest in a week versus the yen after the White House said it may support such measures, having previously refrained from [...]

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