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Stocks and oil rally on bank plan, home sales - USATODAY.com

 

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Geithner's plan isn't money in the bank - Los Angeles Times
latimes.com 3/24/2009 — We believe the best mechanism for solving the banking-sector crisis is government-supervised bankruptcy, also known as receivership. However, the Obama administration has made it abundantly clear that it will not consider this option, except perhaps ...
U.S. Expands Plan to Buy Banks’ Troubled Assets
hf-implode.com 3/24/2009 — " The Obama administration’s new plan to liberate the nation’s banks from a toxic stew of bad home loans and mortgage-related securities is bigger and more generous to private investors than expected, but it also puts taxpayers at great risk. "
Rescue Plan, With Some Fine Print, Dazzles Wall Street
hf-implode.com 3/24/2009 — " This time President Obama directed some of the stagecraft. This time Treasury Secretary Timothy F. Geithner fleshed out the substance of their long-anticipated program to remove banks’ toxic assets and revive the financial system. And this time the reaction was widely positive, giving the ...
Retail Sales and Bank Lending In January
spaineconomy.blogspot.com 3/24/2009 — Well just two topics here, one almost an incidental detail at this point, and the other something which goes right to the heart of the problem. First off, Spanish retail sales fell a calendar-adjusted 5.4 percent in January compared to a year earlier, clocking up in the process the the 14th ...
Terrible Tim's Terrible Bank Plan
hf-implode.com 3/24/2009 — Just more of the Same
Geithner Actshally Has a PlanThe Big Money 3/23/2009
Recommended reading: " Obama plan seeks private investors to buy risy assets " and " Wall Street rises on bank rescue details "-- New York Times Photo cred: MorrowLess
Markets Cheer U.S. Bank PlanWSJ.com: What's News US 3/23/2009
Stocks surged world-wide after the White House formally unveiled its latest plan to clean banks' balance sheets, in part by having private investors buy up to $1 trillion in toxic assets.
Deutsche Bank Predicts Profits in 2009WSJ.com: What's News US 3/24/2009
Deutsche Bank's chief executive said the lender doesn't need fresh capital and could return to profitability this year despite a still challenging market.
You Can Bank On Canada (RY, TD, BNS, CM, BMO)Investopedia.com Headlines 3/24/2009
The Big Five Canadian banks are handling the recession far better than their U.S. counterparts. Let's look at why and whether their stocks are worth buying today.