I have loads of work to do. So that explains exactly why I'm posting.
What happened with the market today? It's so interesting to see that a day after Black Friday weekend (the biggest spending day of the year), investors start pulling their money. Are people cashing out after weeks/months of a strong market? Spend money, sell stocks, spend more money.
On the same day, Ford, incorporated in 1903, announces that they are borrowing against their assets for $18 billion in financing. A 100 year old American company is on the fritz and they have to resort to some fairly desperate measures. I wonder who will buy them out of bankruptcy in 15 months? Or will a few private equity firms swoop in and take it private. Now that might be interesting- and not out of the question. Why is it interesting to a non-finance person like myself? It just is. Don't ask me to define "interesting."
