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.

By /

Will the Slowing Economy Affect IT Spending?

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 /

Dear ETR: How Do Bailouts Affect Stock Prices?

“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 /

The Next Bailout Is Old News

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 /