An Online Source of the Stock Market Crash in the Stock Market
Markets to worsen before stocks hit rock bottom So, in these uncertain times, what to do about your stock portfolio? Some of us might be tempted by the bargains emerging in the incredible shrinking stock market. But we’re waiting to exhale. Since last fall, when the looming global credit crisis first began to command the [...]
Sensex nose dives below 14,500, ends 415.27 pts down Mumbai, Sep 5 (UNI) The Bombay Stock Exchange Sensex today nose dived even below 14,500, wiping off 415.27 points to close at 14,483.83 on sustained profit booking interest across the sector triggered by persisting weak global cues. The BSE benchmark index touched the day’s low of [...]
By Martin Crutsinger and Alan Zibel, AP Business Writers US Government seizes control of mortgage giants Fannie Mae and Freddie Mac WASHINGTON (AP) — The Bush administration’s seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit crisis. ADVERTISEMENT [...]