Tag Archives: JP Morgan

Dow 10,000: Who Cares?

Does anyone remember when the Dow hit 14,000 back in 2007? Those were the golden days – you could buy a house with little or no credit, unemployment was low, peoples’ credit card limits were still high, and only a few people had heard of subprime mortgages (and even less understood them). Now, the Dow […]

Getting punked on the bank bailout

Remember how we’re shoring up weaknesses in our economy by bailing out failed banks and doling out $700+ billion to prevent further failures? Well, it looks like all that money isn’t going to help us average folk anytime soon. Part of the problem with the economy is the credit crisis. Banks have lost so much […]