
December 9, 2008
A post on Your Debt Free Info, called “How the Stock Market Works” has a quick story that I’ve never heard before, we have pasted it below:
“Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each. The villagers seeing that there were [...]

October 17, 2008
If you would have invested $1000 dollars, one year ago, into the following investments you would get a return of:
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Bear Stearns
·    Date: 10/17/07
·    Price:  $40.50
·    Purchase:  24  Shares For $972
·    Worth Today: 0
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Lehman Brothers
·    Date:  10/17/07
·    Price:   $59.02
·    Purchase:  16  Shares For $944.32
·    Worth Today:  $1.12
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Washington Mutual
·    Date:  10/17/07
·    Price:   $29.09 [...]

October 9, 2008
In an effort to shore another large bank France, Belgium and Luxembourg are guaranteeing new loans and deposit at struggling firm Dexia SA for one year
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The drastic move was announced after an attempt to shore up the bank with $8.8 billion in direct cash did not save the stock for losing more then 15% on [...]

October 3, 2008
Many have argued against the passage of the government bailout bill, never the less it has passed in the US. House of Representatives today. House members are being quoted as saying, there is no liquidity in the market. This bill will help the banks get back to banking.
Most of the voices against the action [...]

October 2, 2008
We all read the constant press releases which say; our liquidity looks great. Our fundamentals are intact. Our business is not affected by the current crisis. Then the next day, there is a run on the stock, and the company is closing its doors.
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I believe in doing what people do, not what they say. [...]