Sunday, April 26, 2009

Wall Street Bounces Back.

Patrick Larson

As we previously discussed in class, this article details the facts that we are, in fact, coming out of our depression. Wall Street has come around, and the banks are beginning to profit again in the stock market. This signals a major turnaround from the past year in which all banks made payroll cuts and suffered a significant overall loss. Bank employees are now receiving compensation to the adjustment in salary. This is all good news as to the economic situation giving us hope that things are turning around for good.

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