Finance News - Finance News, Financial Commentary and other money Headlines.
The latest news, commentaries and headlines from the finance industry. Topics range from investing to personal finance, and every other aspect of finance.
1. Wall Street Bailout, Congressional Cover-up, or Sarbanes-Oxley? by Steve Selengut
September 30, 2008
Every new controversy demands a look at similar situations of the past. Just what is a bailout anyway? In the early 80's, Lee Iacocca arranged a government loan and tax concessions to bring Chrysler Corporation back from the brink of bankruptcy--- during the Carter Administration, to save you a Google.
The economic domino effect of a major corporate death was clear, and Congress ...more...
2. Good News For Income Investors by Steve Selengut
August 5, 2008
Looking for good news in today's markets is like searching for the proverbial needle in a haystack. Needless to say, practically all investment grade equities and nearly all closed end funds that specialize in providing regular recurring monthly income have been reduced in market value by this prolonged correction. The quake has spread in all directions from its financial epicenter, and ...more...
