Real estate blog entries tagged with stock rally by Charles Tharp ~ Inland Empire Real Estate & Short Sale Specialist (Prudential California Realty)

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Home : Blogs : Charles Tharp ~ Inland Empire Real Estate & Short Sale Specialist : Charles' Thoughts : Tag "stock rally"

stock rally: Banks Get $200 Billion...Tell Me That Isn't A Buyout! - 03/12/08 12:41 PM

Yesterday, the feds in their infinite wisdom decided to pump an additional $200 Billion into the financial markets to help ease the credit and mortgage crisis even further. As soon as the news hit the markets, the Dow Jones Industrial started to climb and climb, eventually gaining over 400 points, the biggest one-day jump since 2002. Also shares of both JP Morgan Chase and Citigroup (Chase Manhattan & Citibank) were up over 6% and 9% respectively. American homebuilder Centex was also up 11.5%.
Now, while I applaud the feds desire to increase the funds available to the banks to ease this credit … (9 comments)

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Charles Tharp ~ Inland Empire Real Estate & Short Sale Specialist

Fontana, CA

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Prudential California Realty

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