Blog entries tagged with "economic turnaround"
ECONOMIC TURNOVER
By Rebecca Laws on September 23, 2009 - Comments(0)
With programs like Cash for Clunkers and the tax rebate program for new home owners, the economy is slowly turning around. However, recovery continues to depend on US consumers. Consumers need to rebuild their confidence in their personal financial situations and in our country’s economy. They need to break ...
Continue reading "Economic Turnover"DOW JONES INDEX WARRANTS EXAMINATION
By Professor J. Scott Colesanti, Hofstra University School of Law on August 28, 2009 - Comments(0)
Between the morning of October 19, 1987 and the closing bell of October 20, 1987, the Dow Jones Industrial Average fell 25%. Shunning the drastic remedy of closing the markets (akin to FDR’s “bank holiday” of March 1933), the regulatory response ultimately took the form of ‘circuit breakers,’ crudely ...
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