IRDigest

Is this a global financial crisis, or a stock take sale of banks, investment companies and big business. While I am sure this will not be the last merger of competitive smaller banks in Australia, the news of other companies, like Frucour Beverages for close to $1.2 billion, highlight the opportunity within the current environment. While the volatility within the markets is certainly putting pressure on traders, it give them huge potential to make quick daily profits if they play their cards right. When the music stops in this crisis, I wonder who will be left holding all of the cards.... - James Fridley via Bookmarklet