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Business for sale: Dozens of companies on the auction block

All it takes to make money on Wall Street these days is a “for sale” sign. Companies in every industry are hurting from the financial crisis. Their only way out is to hope a buyer comes along. The action is creating a lot of great profit potential for investors. By Andrew Snyder Baltimore – (TFN): There [...]

TFN Editor’s PIC: A speculative buy with incredible potential (IDMC)

If you can stomach a speculative play — try IndyMac Bancorps, Inc. (OTC:IDMC) on for size… Read more

IndyMac (IDMC) First of Many Banks to Fail

“Don’t let the name ‘regional banks’ fool you. We’re talking about some of the biggest banks in the US. The reality is that regardless of how much money the U.S. government pumps into Freddie and Fannie, the U.S. financial system is in big trouble.” — John Stepek Blogger’s note: The Fed may have decided that Fannie [...]

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