Janones desiste de candidatura para apoiar Lula na eleição

Finally, one of the most extraordinary weeks in stock market history is coming to an end. The week began with Lehman Brothers (LEH) filing for bankruptcy, followed by an $85 billion dollar government bailout of insurance giant American International Group (AIG), and concluded with the federal government announcing plans to take bad loans off of private company’s balance sheets as well as halting short selling in financial stocks for 10 days (with a possible extension).

The Bail out plan to save the investment banking industry sounds great, but will it work? The article discusses the problematic points in the plan and gives an outlook to what is happening.