Large Financial Stocks Hot: Too Big To Fail Now Even Bigger
Posted on March 07, 2013 at 13:16 PM EST
Market Mentality: Federal Reserve and government will always backstop the big financial players, buy like there is no tomorrow. The feeling that institutions like JPMorgan Chase & Co. (NYSE:JPM) and Goldman Sachs Group, Inc. (NYSE:GS) are backed by the full faith and credit of the Federal Reserve and the government is alive and well. Just [...] View the full post at: Large Financial Stocks Hot: Too Big To Fail Now Even Bigger Related posts: Greenspan’s Solution on Too-Big-to-Fail Financial Institutions Too-Big-to-Fail: Beginning of the End? Banks Fail in Georgia, Kansas and North Carolina, FDIC