U.S. stocks end slightly lower amid bailout uncertainty
Stocks fell slightly Wednesday, with investors entering the first session of the fourth quarter still on edge over whether Congress will pass the controversial $700 billion financial-sector bailout package.
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#1 Oct 2, 2008
You could cut the tension on the hill with a knife. Everyone's waiting for the news to either buy/sell. Funny isn't it? What's even more amusing is the new SEC Guidance ruling related to the ‘mark-to-market’ rules. This will give bank management the ability to subjectively value the assets on their balance sheet. Mine you they can do this optimistically or conservatively. Which do you think they'll choose?
http://www.stockresearchportalblog.com/2008/1... ; target="_blank
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