Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label US Treasury to send wind-up proposals to Congress. Show all posts
Showing posts with label US Treasury to send wind-up proposals to Congress. Show all posts

US Treasury to send wind-up proposals to Congress

The Treasury Department said on Wednesday that it will send draft legislation to Congress this week seeking power to shut down troubled non-bank financial institutions. In a statement, Treasury said its proposals will cover financial firms that could pose risks to the entire financial system and that are not now covered by the regulator for banks, the Federal Deposit Insurance Corp.

Thursday, March 26, 2009

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