All Posts Tagged With: "bailout"
Bank of America (NYSE: BAC) Dividend Meeting Left Out Feds
Bank of America (NYSE: BAC) put together a party of investors and financial analysts this month with the intention of talking up better times again. However, the Federal Reserve was not part of the party plans. The executives of Bank of America were discussing an increase in dividends with the announcement that a ‘new era’ [...]
Ford (NYSE: F) Flourishing Without Government Help
Ford (NYSE: F) was the only car manufacturer in the US that declined help from the government bailout programs but the company has still growing and showing a profit. Despite the lack of help from Uncle Sam, Ford has posted profits for the sixth consecutive quarter with a net of $1.7 billion noted between mid-summer [...]
Citigroup (NYSE: C) Bailout Shares to Be Sold
The US government is planning to sell its 27% stake in Citigroup (NYSE: C), a bank they bailed out not that long ago. It will be one of the largest share sales in history with more than 7 billion shares sold throughout 2010, according to the US Treasury. The sale is also another show of [...]
Forget Citigroup – Wachovia Acquired by Wells Fargo
Wachovia Bank customers may not know how close they came to not having a banking institution. Last week, Wachovia Bank was running but with strong concerns that the bank would not be open for this week. Before any deals were being worked out, Wachovia did not have a source of liquidity and under those circumstances, [...]
I agree. If a local business is the one offering the sale price I will buy it from them. ...
We are retired and live on a grocery budget of $200 a month for 2 people in the Midwest. That ...