SavvySugar

Have We Seen the Worst of the Financial Industry's Problems?

Nov 25 2008 - 4:30am

Another week, another bank bailout. The most recent recipient of government aid is Citigroup [1], and the government's bailout package includes a $20 billion investment in the company and a $306 billion guarantee of risky assets.

Monday's market close was met with cheers as investor enthusiasm sent the market soaring, reflecting a general investor bet that the worst of the financial industry's [2] problems may be over. Do you think we've seen the worst?

Source [3]


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