If the market is open, the financials are down 10%. This will continue until we have another Bear Stearns-like failure. Bernanke has told us as much. Don't try to bottom-fish. These are failed...
The banking sector is now getting absolutely destroyed by the credit crisis, with it now spreading through all of the investment banks (save Goldman for the moment) and regional banks. We seem to...
Barton Biggs, co-founder of hedge fund Traxis Partners LLC, says he feels the market is near its bottom and is very cheap. He doesn't expect a recession. He believes some financials and...
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