ARTICLE
OF THE WEEK
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I support short sale rule
It was simply necessary otherwise we could see another 1929.We still can see some bankrupticies however Fed loans are enough to stabilize the major banks for long time and time can save their neck and they might be out of woods.
I support the short sale rule although it looks like a dictate rather than applying free market rules.
We also see severe u turn in oil prices and policy. Companies with weak balance sheets are discovering that hedges against oil price moves can be almost as punishing as this summer's leap in crude costs.
Physical oil trader SemGroup LP told its lenders this week it may file for ban...
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LAST
WEEK
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More rescues are needed.
I believe Fannie and Freddie rescue won't be enough to calm the markets for longer time.What about the other ones? Rumors about Lehman,Merrill and many middle size banks.Any rescue attempt should c...
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