Wall Street: Thank You Sir, May We Have Another?

by Benjamin Domenech on 2:35 am February 25, 2009

Fat Tuesday marks biggest stock increase in a month on the heels of Fed Reserve Chair Bernanke’s statement that banks should not be nationalized and that the economy is going to turn the corner soon. Citigroup and Bank of America both rose more than 20 percent. Forget shorting: the phrase “sharp and scary rebound” abounds.

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