Copake NEWS - Bernanke Again Spurns Nationalization Talk - Street.Com Copake NEWS - Bernanke Again Spurns Nationalization Talk - Street.Com

Wednesday, February 25, 2009

Copake NEWS - Bernanke Again Spurns Nationalization Talk - Street.Com

By Jeannine Aversa WASHINGTON -- Federal Reserve Chairman Ben Bernanke on Wednesday again spurned speculation that the government may nationalize Citigroup or other big banks. When asked about Citigroup during a House Financial Services Committee Hopewell NEWS

Put out the bunting; Northern Rock has £14 billion in its piggy bank, and is ready to lend, lend, lend. If you have the deposit necessary to secure a mortgage, this is good news. It's an excellent time to buy. What? With all the doom caused by Hopewell NEWS

A trade group's report of another monthly decline in existing-home sales on Wednesday helped propel Wall Street lower, but the data also offer evidence of market forces in play that could speed up the nation's eventual economic recovery. The Dow Hopewell NEWS

Markets were only modestly lower Wednesday afternoon as energy stocks rallied on a surge in oil prices, offsetting a dip in industrial stocks. The Dow Jones Industrial Average was recently down by about 41 points, held back by losses for Caterpillar Hopewell NEWS

Housing is in freefall -- look at yesterday's Case-Shiller Index and today's existing home sales numbers. But in these figures, I see our ultimate shot at ending this nightmare and that gives me hope, especially right now when there isn't much to be Hopewell NEWS

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