Wall St. hurt by banks as TALF falls short (Reuters)

Posted by admin on March 22, 2009 under News | 3 Comments to Read

Wall St. hurt by banks as TALF falls short (Reuters)

Investors Stuart Baker (R) and Judith Welling, who had invested with financier Bernard Madoff, are interviewed outside a Manhattan Federal courthouse after Madoff was sent by a judge to jail to await sentencing on March 12, 2009 in New York City. A US appeals court on Friday denied bail to Wall Street fraudster Bernard Madoff, as prosecutors highlighted public outrage in a slew of emails.(AFP/Getty Images/File/Rick Gershon)Reuters – Stocks slid on Friday as the Federal Reserve’s plan to rekindle consumer and small business lending fell short of expectations and General Electric was hit by analysts’ bearish comments.


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