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The TARP: Just another government fiasco

The federal government does not have a strong reputation of getting things done. When it dives into a big project, a handful of folks get rich and the rest of us suffer. The $700 billion bailout is turning out the same way. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): We all knew it was nothing more than [...]

Four stocks to buy on weakness: Rexam (REX), Scottish and Southern Energy (SSE), Aggreko (AGK) and HSBC (HSBA)

With the markets in turmoil, it’s time to grab some great stocks at their current cheap prices before they return to pre-crash levels. And Julian Chillingworth, chief investment officer and manager of the Rathbone Income and Growth fund, picked his four favorite London "weakness stocks" for MoneyWeek. Included in the list: Rexam (London:REX), Scottish & [...]

Lock in huge profits: Sell Mechel (MTL), Vimpel (VIP) and Nortel (NT)

Wall Street is through the roof. The gains may not last.  Take your profits on Mechel (NYSE:MTL), Vimpel (NYSE:VIP), and Nortel (NYSE:NT). During one of the worst weeks in financial history, you have a chance at profits of over 30%.  By Andrew Snyder Baltimore (TFN) – Maybe socialism is not all that bad. Right now, the United [...]

Lehman Brothers (LEH): The next bank in need of a bailout?

“Most of Wall Street’s moneymaking machines have shut down. Mortgage-securitization activity has gone kaput, while IPO and M&A activities are sputtering. Even worse, Billions of dollars of future writedowns and losses are still buried inside Wall Street’s balance sheets.” — Dan Amoss by Dan Amoss Baltimore – (TFN): Since [...]

Market Crisis: Has the plunge been postponed?

Baltimore — (TFN): The Federal Reserve is doing its best to save American banks and the nation’s equities markets from implosion. How long can their artificial life support keep the nation hanging on? Eventually, the pain of a major recession will be felt. Many analysts predict it could be the worst economic catastrophe since the [...]

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