I was reading an article by Fortune magazine about the TARP funds and one fact caught my eye. Did you know that the TARP application is only 2 pages? I mean, is it 2 separate pages with fields on the front and page of each page? Then I found the official TARP form, and all […]
Economy
I followed my coworker a few days ago to a seminar hosted by his financial adviser about the economy and the stock market. Apart from the expected pitch about why their firm is solid and solvent, there were quite a few insightful and interesting comments about investing and what’s going on so I want to […]
Never mind the stock market, never mind the oil prices and never mind whether the government buying mortgages is a bailout for Wall Street or a rescue of Main Street. At the end of the day, the most important contributing factor to our individual ability to live comfortably is having our job. Today, I want […]
Update: Congress did not pass the bailout.. More details to follow. The $700 billion bailout plan designed to buy toxic mortgage securities has been finalized by the lawmakers and the bush administration over the weekend. Now that the only hurdle remains a vote on congress, it seems to likely pass. Here are some of the […]