After last week's unprecedented events in the financial markets, the U.S. government stepped in over the weekend to offer forth a $700 billion bailout package as a means of shoring up our financial markets.
While the notion of government intervention may not raise an eyebrow now -- not after JPMorgan Chase 's (NYSE: JPM) dance with Bear Stearns, Fannie Mae (NYSE: FNM), Freddie Mac (NYSE: FRE), AIG (NYSE: AIG), Lehman Brothers, and now Washington Mutual (NYSE: WM) -- $700 billion is a figure so large as to seem unbelievable. But superinvestors Warren Buffett and Bill Gross endorse the idea. So does the current president. So do both presidential candidates.
But what does it all mean? To help make sense of it all, and to help assess the impact on us Main Street investors, we present you with analysis, insight, and even a call to action from Motley Fool writers and analysts:
A call to action!
Tell Congress: We Demand EquityWhat this means for your portfolio:
Is This the End of Investing?Morgan Housel: Bad Luck for Good BanksAlex Dumortier: The Truth About Naked Shorts$700 billion, but is it a bailout?
Some Tough Questions on the BailoutMorgan Housel: Can We Afford All of These Bailouts?Chuck Saletta: What This Bailout Means to YouAlyce Lomax: Fool Blog: Paulson's Mother of All BoondogglesAlyce Lomax: Bailout: The Sucker PunchCan Buffett resuscitate Wall Street?
Goldman Sachs (NYSE: GS) deal: Buffett Swarms InMac Greer, LouAnn DiCosmo, and Tim Hanson: Fool Video: Buffett Buys. Should You?Morgan Housel: The Death of Wall StreetAndy Louis-Charles: A Goldman OpportunityPrelude to a collapse:
The Biggest Financial Story of the Past 50 YearsAnand Chokkavelu: Fool Poll: The Biggest Financial Shock of the WeekAnand Chokkavelu: Fool Blog: Last Week's Top 10 Financial ShocksNeither Brian Richards nor Anand Chokkavelu owns shares of any company mentioned. JPMorgan is a Motley Fool Income Investor selection. The Motley Fool has a disclosure policy.
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