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Posts Tagged ‘ Us Stock Futures ’

Optimism on the Street

Apr 7th, 2008 | By Contrarian Profits | Category: Featured, Financial News, Stock Market Investing

US stock futures are pointing up following news of a $5 billion cash injection into Washington Mutual.

According to a report in The Wall Street Journal, the mortgage lender is close to a deal to get a $5 billion injection from TPG and other investors — a deal not brokered by the government, as was the recent Bear Stearns bailout.

The deal seen by some analysts as a sign that the financial sector is starting to pull out of the credit crisis.

Tags: , , Bear Stearns, Bear Stearns Bailout, credit crisis, Credit Crunch, Financial Sector, Karim Rahemtulla, Us Stock Futures, Washington Mutual
Posted in Featured, Financial News, Stock Market Investing | CommentsOptimism+on+the+Street2008-04-07+13%3A16%3A10Contrarian+Profits

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