Friday, January 16, 2009

The Market On Friday

Wall Street will show the world mercy today as it closes early at 2PM and is not open for business on Monday. We will be celebrating the extraordinary life of Martin Luther King Jr. Maybe Wall Street will show Martin some love today.

What they do love is the generous donation American taxpayers of present and future generations have made to the disadvantaged in America. In this case the seriously disadvantaged is the Bank of America. Feel sorrow and pity for BoA, the poor puppies have lost almost $2 billion in the stinking reeking economic recession which no doubt they had a hand in creating, in some malicious way.

Feel grateful that you can be generous and hand over your hard earned taxes to BoA so that the American banking system will not collapse around your 35 cent savings account, you ingrate.

Reuters: Stock futures higher after BofA injection, results
Stock index futures were higher on Thursday (They mean Friday, typo) as news that Bank of America had received a $20 billion government capital injection buoyed sentiment.

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