How much did you personally lose when financial firm CIT went bust? Let's run the numbers. Amount Hank Paulson gave to CIT on your behalf last fall even though CIT was a dead man walking: $2.3 billion Number of Americans: ~300 million Amount of money you personally shoveled down the CIT hole: $8 ...
Fidelity manager Bob Brown says the European financial crisis will take years to resolve and that a continuing flight to quality will allow U.S. government bonds to sustain their value.
Palisades Hudson Newsletter: http://palisadeshudson.com/sentinel/ Larry Elkin's Blog: http://palisadeshudson.com/current-commentary/
Admitting what you don't know can be instrumental in improving your investment results.