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Have We Seen the Worst of the Financial Industry's Problems?

Have We Seen the Worst of the Financial Industry's Problems?

Another week, another bank bailout. The most recent recipient of government aid is Citigroup, and the government's bailout package includes a $20 billion investment in the company and a $306 billion guarantee of risky assets.

Monday's market close was met with cheers as investor enthusiasm sent the market soaring, reflecting a general investor bet that the worst of the financial industry's problems may be over. Do you think we've seen the worst?

Source

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outofhere outofhere 8 years
No, I think things are still pretty volatile. It seems like every week another crisis situation hits.
GlowingMoon GlowingMoon 8 years
I dunno.
ilanac13 ilanac13 8 years
i kind of feel like it's still too early to tell what the future is going to hold for us. there could be more bad times for us to come but there could also be hope that things could turn around. i'm really trying to be positive though.
alikat07 alikat07 8 years
Too soon to tell, unfortunately.
starangel82 starangel82 8 years
I think it is too soon to tell. Things could really go either way right now.
bellaressa bellaressa 8 years
I think the storm is just brewing.
Shopaholichunny Shopaholichunny 8 years
GRRR. We shouldn't have bailed out Citigroup. :irk:
RosaDilia RosaDilia 8 years
I'd say it's too soon to tell. Of course, we are all hoping for the better.
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