The Next Wave of Bankruptcies
Banks have lost over $680 billion because of the huge wave of foreclosures that has hit the market over the past two years. And losses are beginning to ratchet up somewhere else, too: consumer credit card charge-offs.
Read Charles Delvalle's previous newsletter articles below:
Banks have lost over $680 billion because of the huge wave of foreclosures that has hit the market over the past two years. And losses are beginning to ratchet up somewhere else, too: consumer credit card charge-offs.
By Charles Delvalle | Wed, Oct 29, 2008
The reason the markets have been in a freefall lately is because banks have been unwilling to lend to each other, much less to corporations. So if corporations can’t borrow money from banks, how are they supposed to make upgrades - like improving their IT equipment?
By Charles Delvalle | Wed, Oct 22, 2008
“In his article entitled ‘Financial Word of the Week: Bailout,’ Charles Delvalle said that if a person holds stock in one of the companies that is being bailed out, it may be nearly worthless. He further suggested that ’selling is usually your best option.’ This does not make sense to me. He, himself, said that bailing out Chrysler helped them stay in business.
By Charles Delvalle | Sat, Oct 11, 2008
It’s nice to own stocks, sure. But do those companies pay you dividends for owning them?
By Charles Delvalle | Wed, Oct 1, 2008
With all of the turmoil in the financial industry, one word that keeps making the rounds is “bailout.” So here’s what you need to know...
By Charles Delvalle | Fri, Sep 19, 2008
After the recent bailout of AIG, Freddie Mac, and Fannie Mae, investors are wondering if the Big Three - Chrysler, GM, and Ford - are next. Sorry to tell you, but they’ve already been bailed out.
By Charles Delvalle | Sat, Sep 13, 2008
Republicans like to call themselves the party of fiscal discipline. But if you dig into the numbers, you might find some surprises...
By Charles Delvalle | Wed, Sep 10, 2008
When it comes to the stock market, one of the biggest drivers (or takers) of wealth is, surprisingly, the weather...
By Charles Delvalle | Mon, Sep 1, 2008
As a stock or bond holder, you are part owner of the corporation whose stock or bond you hold. So what happens if that company goes into Chapter 7 bankruptcy?
By Charles Delvalle | Fri, Aug 1, 2008
The government controls billions of dollars. That kind of power can make or break an industry. And the effect that an Obama presidency could have on pharmaceutical companies is one you should be aware of.
By Charles Delvalle | Tue, Nov 4, 2008
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