Stocks tumbling had nothing to do with the Senate vote today, or with Obama’s stupid speech in Florida.
So then explain it if you think you know so much.
Geithner's 2 TRILLION dollar plan + porkulus = investors bailing.
“Stocks tumbling had nothing to do with the Senate vote today, or with Obama’s stupid speech in Florida.”
I’m not so sure...this Geithner kid looked like Dick Nixon in the Kennedy debates...even had that same deer in the headlights look...not sure if he had beads of sweat, makeup has come a long way, but this guy was the most UNIMPRESSIVE twerp I could imagine for this job...geeeez, this is just getting worse by the moment...I wouldn’t put this kid in charge of my loading dock...
Exactly. I’m amazed this is being spun this way.
Wonder how many of the idiots voted for Obama?
Are you sure? Maybe you’re right. I’m always amused that every day after the market closes, stories are published telling what happened and why. Just how do these reporters know why most investors sold or bought when they did? It’s just a guess, maybe a good guess, but they write it as fact.
IRS Seeks Input on Cost-Basis Reporting
Securities Industry News (subscription), NY - 7 minutes ago
At issue is whether investors who choose to participate in the plans after they have purchased shares in a company will be subject to the 2011 or 2012 date ...
Oil tumbles 5% as investors cast doubts on plans
MarketWatch - 9 minutes ago
The funds for the programs would come from both the Fed and the remaining half of a $700 billion bank bailout program approved by Congress in October. ...
APNewsAlert
The Associated Press - 9 minutes ago
NEW YORK (AP) — Dow industrials fall 400 as investors show frustration with government’s bank bailout plan.
Geithner Does Little To Create Confidence
Forbes, NY - 12 minutes ago
The Treasury created a Web site where people can track what banks are doing with federal bailout funds, financialstability.gov. ...
New bank bailout disappoints
Malaysia News, Malaysia - 12 minutes ago
Major US bank shaes fell sharply Tuesday after the US Treasury released details of its new bank bailout package. While investors and traders voiced concern ...
Bank plan skepticism sinks Wall Street
Washington Post, United States - 12 minutes ago
But investors said they were disappointed that Treasury Secretary Timothy Geithner did not provide vital details of how his plan will work. ...
Stocks Fall Sharply As Outline Of New Bailout Emerges
Free Internet Press, NY - 15 minutes ago
Stock markets surged last week as investors waited for Geithner to lay out how the administration will spend the second half of the $700 billion bailout, ...
Avon Products heads lower with overall market
MSN Money - 18 minutes ago
Meanwhile on Wall Street, financial stocks led the market lower, as investors remained wary about the government’s latest bank bailout plan. ...
AVP
ANALYSIS-Geithner on the defensive in his big debut
Forex Pros, British Virgin Islands - 19 minutes ago
Like his predecessor, Henry Paulson, Geithner seems to be more popular with investors in theory than in practice. Much as Paulson was well received on Wall ...
Stocks have been living large on government reduced interest rates and government goosed consumption. This has tapped out. The success of listed companies is what matters and what has to be 'stimulated' is domestic production. When people start working again, companies will do better and the market will bloom.
How? bring back the exported jobs and factories to the equilibrium they were prior to the deficit trade agreements. Trade agreements should be based on we buy from you, you buy from us. Now we buy from you and we print dollars and send them to you. That just results in unemployment.