How the Big, Scary Bank Meltdown Will Boost Your Portfolio
Mar 14th, 2008 | By Greg Guenthner | Category: Investing Strategies
On March 6, banks dragged stocks down to an 18-month low. Industry reports showed foreclosures and late payments rose to the highest level in more than two decades. This helped nudge financial stocks down for the sixth straight day.
No bank was safe from the cold, hard facts. Write-downs at Merrill ...read more
