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Banks Want TARP 2 Implemented

Submitted by WSN_Staff on Mon, 02/02/2009 - 13:32.
in
Money Picture Dollar Bills

Toxic Assests, how do we get the bad assets off of U.S. Bank Balance sheets?  TARP 2 here we come.

Until a concrete plan goes into action, expect these U.S. Financial ETFs to be traded on the swings, both Bullish and Bearish:

Name Symbol Last price Change Mkt cap Volume Open High Low
ProShares UltraShort Financials... SKF 144.01 +0.75 (0.52%) 1.07B 13.01M 151.88 153.76 143.25
FINANCIAL BEAR 3X FAZ 50.71 +0.31 (0.62%) 7.88M 54.94 55.6501 50.35
FINANCIAL BULL 3X FAS 9.13 -0.04 (-0.44%) 28.52M 8.37 9.19 8.26

Bloomberg.com on some thoughts today about TARP 2:


 

 

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