Wall Street’s dollar menu GE 3/5/08: $33.55 Today: $6.75 BAC 3/5/08: $37.55 Today: $3.22 GM 3/5/08: $22.97 Today: $1.81 C 3/5/08: $22.15 Today: $0.97 AIG 3/5/08: $44.61 Today: $0.38 Good example for: “buy and hold KILLS”
We hear about a news report that a House panel next week plans a hearing on mark-to-market accounting rules blamed by many for aggravating the financial sector’s troubles. Reuters on Wednesday quoted a source briefed on the matter who said the subcommittee on capital markets has tentatively slated for next Thursday a hearing on the [...]
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