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Lehman bankrupt, Merrill acquired, AIG tottering...


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35 replies to this topic

#31
Alan

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As an old person I worry more about interest rates getting lowered...I have a big CD to renew come next May...It does have to stay in MOL that form since it was part of my mother's IRA...otherwise I have to pay big time income taxes on the principal...I only have to take out about $400 and change a year...

Kar, at this point I'd be happy that the principle hasn't gone down like if it were in stocks. It's devalued due to inflation, but at least it's not down 50% or more.
I not only use all the brains that I have, but all that I can borrow - Woodrow Wilson



#32
cron

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Stress test results: Banks must raise $75 billion

Ten of the nation's 19 largest banks will need to raise a total of $74.6 billion in capital, federal officials announced Thursday, bringing an end to relentless speculation about how much more money the nation's leading banks would need to withstand the recession.



#33
Monga

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Stress test results: Banks must raise $75 billion

Ten of the nation's 19 largest banks will need to raise a total of $74.6 billion in capital, federal officials announced Thursday, bringing an end to relentless speculation about how much more money the nation's leading banks would need to withstand the recession.



Watch them raise our banking fees...
You'll be missed, HarleyD.

#34
NARC

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Wells has a $6B stock offering tomorrow to help offset that.

#35
Waddle

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wow...after hearing the news that 19 banks need to raise $75 billion, I thought the market would tank today. But the market opened up today... -blink-
RIP HarleyD

#36
kar522

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Former AIG Chief Sues U.S. For $25 Billion

Where I am is where I need to be...
Just Another Chicago Born & Raised Kook
If you can't be a good example, then you'll just have to be a horrible warning.~Catherine Aird

Not MIA...just trying to figure out Windows 8!




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