Tag «aig»

Rebound was all we were hoping for

The market was a little hesitant towards going up this morning, and I was a little worried because the consumer confidence and home prices data did not look so good. Consumer confidence was the key for economic recovery, which has plunged to the lowest since 1967, when the index was first measured while home prices …

What happened in Wall Street?

The past week is definitely one of the most turbulent times (if not the most) in the financial world since September 11, 2001. With Lehman lawyers rushed to file for bankruptcy and Merill Lynch acquired by Bank of America, as well as the possible failure of AIG, people can not stop wondering what is going …