Wednesday, October 15, 2008

U.S. Banks

At a meeting on Monday afternoon the Fed "suggested" that the Major U.S. Banks take a cash injection. The cash came in the form of the U.S. Government taking a stack in the Banks by purchasing preferred shares.

Here is and interesting article from the Wall Street Journal. Some seem to be not to happy, but eventually all went along for the benefit of the Economy.

It is a good and interesting read.


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Good Luck and Good Currency Trading

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1 Comments:

Anonymous Free Music said...

really nice blog

6:07 AM  

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