Tag Archives: Feds

The U.S. House Passes Bailout

Here are Some Bailout Bill Details Well as predicted here, the bailout bill has been passed by Congress. Just four days after the defeat of President Bush’s financial bailout package in Congress, the House of Representatives gave the revamped plan … Continue reading

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What is Short Selling And Why Must It Be Banned?

The US Securities and Exchange Commission on Friday temporarily banned short selling of shares in certain companies in emergency action aimed at boosting investor confidence amid financial turmoil. I am not a stockbroker but let me give this a try. … Continue reading

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Feds Cracking Down on Credit Card Companies

Feds Cracking Down on Credit Card Companies.  The Federal Reserve plans to crack down on credit card issuers claiming that they charge too many hidden fees and raise interest rates on borrowers unfairly. Two other regulators plan to follow suit, … Continue reading

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