Written by OTCPicks.com Equity markets had a nice positive day on Monday as credit markets showed signs of thawing. A critical measure of lending between banks, the three-month Libor rate fell significantly providing signs that credit is again beginning to flow...
Written by OTCPicks.com Oil prices were up more than $25 a barrel today as investors became unsettled about the government’s $700B bailout plans. This was the biggest one day price surge ever for oil. The Fed is going to have to auction...
Written by OTCPicks.com Sunday, September 14th is already being called Black Sunday for Wall Street as troubled financial giants Lehman Brothers, Merrill Lynch and AIG were all desperately seeking lifelines for survival as frenzied behind-close-doors meetings happened around the clock. And...
