Posts Tagged ‘banks’

Stocks Up, Market Searches for a Bottom and the Credit Crunch Starts to Ease

October 20, 2008 - publisher

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...

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World Markets Catch U.S. Financial Flu in a Steep Global Market Selloff

October 6, 2008 - publisher

Written by OTCPicks.com Last Friday congress passed the $700B financial bailout bill and sent it to the President who summarily signed it. It seems that global markets did seem to think that the bailout would save us from a nasty global...

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U.S. Financial Markets Against the Ropes and Taking a Beating

September 15, 2008 - publisher

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...

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