Thursday, March 20, 2008
Crisis Over! – What the hell is going on here?
Other banks and brokerage firms also advanced after Punk Ziegel & Co. analyst Richard Bove wrote in a research note that ``the financial crisis is over'' and it is a ``once in a generation opportunity to buy.'' Citigroup Inc., the largest U.S. lender by assets, climbed $2.09 to $22.50. Bank of America Corp., the second-biggest, increased $3.30 to $41.86. Goldman Sachs Group Inc., the largest U.S. securities firm, rose $13.14 to $179.63. Only a few days ago Bear Stearns collapsed and now apparently the crisis is over!!!