Wall Street

Angry Mom Hires Plane to Fly Nasty Message Over Wall Street
Angry Mom Hires Plane to Fly Nasty Message Over Wall Street
At lunchtime last Tuesday, New Yorkers in Lower Manhattan were treated to an unusual sight — a small plane buzzing by the Standard and Poor’s building, towing a banner that read, “Thanks For The Downgrade: You Should All Be Fired.” Commissioned by St. Louis banker and single mother Lucy Nobbe, who paid $895 to hire the pilot, the fly-by was a reaction to the US losing its longtime AAA credit ratin
Default Avoided…For Now! So What’s Going On With This Market?
Default Avoided…For Now! So What’s Going On With This Market?
I'm not a broker.  I'm no financial guru.  But I can read the writing on the wall.  I try to see the forest beyond the trees.  But I'm baffled, I must say.  I thought all the urgency to raise the debt ceiling and avert a default (which is going to happen, sooner or later; sorry Timmy Geitner) was to stop this very thing from happening: wetting down what little confidence there was and bringing the