Trickoftrade’s Weblog

Can $ 700 Billion save average American Home and Jobs?

September 23, 2008 · Leave a Comment

$700 billion bailout for the battered U.S. financial system may drag into next week as Washington lawmakers haggle over what party supporter ( R or D ) will get how much bailout.

Will it Prevent job loss or foreclosure? Will homeowners Be Bailed Out or not?

The biggest losers are average American who are the common stock holder of Freddie Mac, Fannie Mae, Lehman Brothers, Wamu and AIG. Can $ 700 Billion save their portfolio?

What will happen to higher commodity price due to weak Dollar and higher gas price? Will it help average American?


Categories: AIG · Bank · Economy · Lehman Brother · Stock · Wamu · financial
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