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 a new look and evidently liked what was in it.
Some of the new things added [...]

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. Short selling basically means that you sell stock that you don’t own. [...]

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