Can General Motors and Ford survive?
October 13th, 2008 piotr zukowskiThe automakers are staggering, burning through thin cash reserves even as their shares tank. But no one knows when consumers will start buying new vehicles again.
The automakers are staggering, burning through thin cash reserves even as their shares tank. But no one knows when consumers will start buying new vehicles again.
After a housing slump that has pushed values down 30% in some areas, roughly 12 million households owe more than their homes are worth.
You may think you can make up for today’s painful savings losses simply by working longer, but it’s not going to be that easy. Start by taking these 3 vital steps now.
Royal Bank of Scotland and Barclays are fundamentally sound financials despite their recent losses. Taking these positions is risky, but I could see a return of 300%.
1 Australian Dollar buys 0.6531 United States Dollars - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.
1 United States Dollar buys 2.2972 Brazilian Reais - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.
1 United States Dollar buys 1.1900 Canadian Dollars - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.
1 United States Dollar buys 6.8357 Chinese Yuan - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.
1 United States Dollar buys 5.5298 Danish Kroner - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.
1 European Monetary Union Euro buys 1.3471 United States Dollars - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.