Knowledge is Power Keeping yourself info….
Knowledge is Power Keeping yourself informed is what will eventually get you ahead of everyone else when a foreclosure is made available.
Results of ’stress tests’ of 19 financial firms (AP via Yahoo! News)
Here are the results of the government’s stress tests of financial companies with at least $100 billion in assets. Of the 19 companies tested to see how they could handle a worsening economy, 10 were found to need more capital. Here’s how much capital they need and where they would see the most losses under the government’s worst-case scenario:
KKR Financial Holdings reports $13M 1Q loss (AP via Yahoo! Finance)
KKR Financial Holdings LLC, an investment fund operated by private equity fund Kohlberg Kravis Roberts & Co., reported Thursday that it lost $13 million in the first quarter, compared with a year-ago profit of $14 million.
Financial Winners and Losers: BofA (TheStreet.com)
Financial stocks were mixed Thursday, hours before the government releases the results of its stress tests of banks, following comments from the Federal Reserve on increased regulation.
