Bank Bailout?

Posted on Mi 19 September 2007 in misc • 1 min read

  • Economy tags: [] meta: _aioseop_keywords: Banks, Bailout, Subprime, Foreclosures, Trading, Investing author:

    There's no doubt that the 50 bps rate cut by the Fed will help ailing banks but is it a bailout? That's a question that remains to be answered, especially since the $BKX index is still trading below its 200 DMA.

    Bank Index