I was swamped again all day, which accounts for the lack of blog posts. I really thought today would be better after the AIG bailout news last night. But today they went after Morgan Stanley (MS), and that seemed to unravel any inkling of positive sentiment.The raids on these stocks that have driven large financial institutions to the brink of insolvency on little fundamental news is amazing. I don’t know how to remedy the situation, but someone should come up with something regarding these credit derivative swaps.Panic selling is ta[...]
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[Source: The Money Blogs]
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