How Much Money U.S. Government Has Printed to Handle the Financial Crisis

Posted by Sun on February 11, 2009 (1) Comment

Where do you think the billions of dollars the government used to rescue banks came from?
They printed them, a lot!

Now that the $789 billion stimulus package is getting close to the final approval, the Treasury is going to print a lot more.
Scary, isn’t it?

*Thanks @MarketTrader for the tip.

Categories : Personal finance Tags:

End of Wall Street: Wall Street Journal Video Series

Posted by Sun on January 6, 2009 (2) Comment

So what happened to the Wall Street? Where will it go from here?
Today, The Wall Street Journal released a 3-part video documentary series, End of Wall Street, with in-depth coverage of the financial crisis started in the summer of 2007. Following is the first part of the video, What Happened.

Categories : Video Tags:
invisible tracker