By PUMA Pundit on February 19, 2009
Who needs gauges of market performance in a socialist state anyway? Investors are “afraid the government’s going to wipe out everybody that’s got an interest,” Schutz said. “Nobody knows what the rule book is. In the meantime, the stocks are getting destroyed.” Mendon manages $150 million in financial stocks, including the two best-performing bank-stock mutual [...]
Posted in Economy | Tagged barack obama, dow jones, dow jones industrial average, S&P Financials Index |
By PUMA Pundit on February 19, 2009
Interesting article from AP The Obama administration and the new Congress are quickly handing over to Republicans the same “culture of corruption” issue that Democrats used so effectively against the GOP before coming to power. Freshman Sen. Roland Burris, D-Ill., is only the latest embarrassment. Senate Democrats accepted Burris because they believed what he told [...]
Posted in Politics | Tagged bill richardson, charles rangel, corruption, Democratic Party, ethics, john murtha, mark foley, Rod Blagojevich, roland burris, timothy geithner, tom daschle, william lynn