Business
Stocks Surge 3% After Central Bank Action; Dow Up More Than 400. In this live talk radio show we'll cover the 2012 Global Economic Recession possibilities, the recent Banking Crisis, if it's time to invest in gold, and what's next for Apple Computers (AAPL). Financial Banking Crisis 2011 S&P Downgrade Spree, Hits 37 U.S. Banks! In this live stock market education radio show will cover all the recent banking sector moves after hours as markets have just been dealt a dose of global bank downgrades by S&P. Global stress on the financial markets means forced liquidation, margin debt selling this is the main reason why we saw NASDAQ and technology related stock selloff the hardest today. Will Germany save Europe? S&P Downgrades Goldman Sachs, Bank Of America, Wells Fargo, and Citigroup to an "A-" minus rating, down from an "A" rating. Bank of America N.A. (BAC) to A from A+Bank of New York Mellon Corp. (BK) to A+ from AA-Barclays PLC (BCS) to A from A+Citibank N.A. (C) to A from A+Goldman Sachs & Co. (GS) to A from A+JPMorgan Chase & Co. (JPM) to A from A+Morgan Stanley (MS) to A- from AWells Fargo Bank N.A. (WFC) to AA- from AA