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Tuesday, September 30, 2008

Wall Street: We Can Work It Out


Maybe the Beatles are on to something here. After reading the top three headlines in the Washington Post, I have an idea ...

Dow Gains 485 Points as Stock Markets Rebound
With renewed confidence that a Wall St. rescue plan will eventually pass, investors unleash bargain hunters a day after historic sell-off.

Senate to Vote on Revised Deal
Live Updates Senate leaders plan to seek a vote on a revised rescue package Wednesday night.

New SEC Rule May Help Markets
Regulators loosen "mark-to-market" accounting rule that some say exaggerated banks' losses.
Congress should continue to debate and vote down any proposed "bailout" until Wall Street corrects itself!

The market saw a correction today on just the idea there might be a bailout. If the SEC continues to adjust regulations, maybe in the end there won't be a need for a taxpayer bailout!

Hey, a gurrl can have hope can't she?

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