I love how we finally have official word that the country is in recession. Gee, thanks NBER!
In case you missed it, the National Bureau of Economic Research’s Business Cycle Dating Committee, the most widely-followed experts on the subject just determined that the U.S. economy ended its 73-month-long period of expansion in December 2007.
Coincidentally, [...]
by Nilus Mattive on November 18, 2008
in General
Yet again, I have found a new favorite TV commerical. I saw it for the first time last night. It’s from GM, and it talks about how they really want to hook me up with a cheap loan on a new car. It goes on and on about my financing options (I only saw it once [...]
Bad news: American Capital Strategies has also fallen victim to the credit crunch and has decided to suspend its dividend payments.
Obviously, I am extremely disappointed by the news. ACAS has been my favorite high-yield play in the financial sector, and one of the companies that looked best positioned to capitalize on temporary weakness [...]