Senator’s bank comment “nationalization of banks” sinks Wall Street
Stocks extended losses on Friday, with the S&P down more than 2.5 percent after U.S. Sen. Christopher Dodd said the nationalization of banks is a possibility, according to a Bloomberg report.
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If you have any money, bury it in a mason jar. I have no confidence in the stock market. Many people are hurting right now because of the greed found too late in many of the top CEO’s. Wall Street is far removed from Main Street and it will be a long time before the masses of people will have any trust in the stock market. Vegas would be more profitable! Actually, do what I did and learn to trade the forex. You can get a $100,000 free demo by going to http://forex-currencyexchange.com . The link is at the top left corner if I recall correctly. You will have to give your name and email to get it though. You can then start practicing trading with virtual money. Who knows, this may be something that you can get really good at, then start trading with real money. Trading currencies is much better than gambling with the stock market these days that’s for sure.