Pilgrim’s Pride Warns of Big Loss
September 26th, 2008 piotr zukowskiPilgrim’s Pride warned investors it will report “a significant loss” for this quarter and could end up in default with its lenders.
Pilgrim’s Pride warned investors it will report “a significant loss” for this quarter and could end up in default with its lenders.
Federal regulators seized Washington Mutual and struck a deal to sell the bulk of its operations to J.P. Morgan in what is by far the largest bank failure in U.S. history.
Remarks by European leaders amount to a nascent campaign inside the Group of Seven to pressure the U.S. into global banking reforms.
Have an emergency fund? A stash of food and water? Is your income insured? Can your kids do CPR? Catastrophe can strike at any moment, and you’d better be ready.
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Have an emergency fund? A stash of food and water? Is your income insured? Can your kids do CPR? Catastrophe can strike at any moment, and you’d better be ready.
Just by seeking aid through the government’s bailout, financial companies could be putting themselves at risk. And we wouldn’t know for months whether the plan was working.
Congress has made a lot of noise about ensuring wealthy CEOs don’t profit from the proposed bailout. But so far, it looks like executives won’t have much to worry about.