Credit Card Spending Growing at an Alarming Rate

On October 12th, 2007, the Dow Jones Industrial Average hit its peak of 14,093. Shortly thereafter, the markets had a 50% haircut. Ever since, the DJIA has been slowly gaining lost ground. Credit card companies have followed a very similar path. Between 2007 and 2008, well-known companies such as American Express (AXP) and Capital...

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Were the 2008 Bailouts Smart Investments?

Jan 28, 11 Were the 2008 Bailouts Smart Investments?

Posted by in Opinion

Recently, we’ve noticed that many news outlets have been touting the success of the bank bailouts (Bloomberg). In particular, they’ve been citing the cash returns the U.S. Government has achieved from these capital injections. It made us wonder if the 2008 bailouts were actually just a series of smart investments, so we...

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