StartUpToFinish

A business idea taken through the various development stages. From its startup to, well you know the rest.

StartUpToFinish header image 2

Stock Markets: When Will the Bull Return?
(BusinessWeek Online)

March 7th, 2009 · No Comments

An empty Buick car lot is seen in New York, March 6, 2009. General Motors Corp said on Friday that it still prefers to restructure the business out of court rather than file for bankruptcy reorganization. GM shares fell as much as 32 percent on Friday on the New York Stock Exchange after sliding 15 percent on Thursday when the automaker's auditors raised doubts about the company's ability to survive outside bankruptcy.   REUTERS/Shannon Stapleton   (UNITED STATES)BusinessWeek Online – The stock market is crashing — slowly, and in plain view of the people who count on it most. The 53% plunge in the Dow Jones industrials since October 2007 has wrecked the college- and retirement-savings plans of millions of investors. It has permanently lowered the long-term investment projections of private endowments and pension funds. It has sent corporate compensation experts scrambling to figure out how to reward top employees. All told, more than $10 trillion of stock market wealth has vanished, and with it the confidence that springs from financial security.




Read More…

[Source: Yahoo! News: Business]

Tags: Uncategorized

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Comment

alternative text