Traditional Farmer below, has it right. The good news is, the common stock can't go much lower; the bad news is, it won't get much higher, either, because any growth in value in the company will be sucked up in the guvment's preferred stock (if they do the bailout) or the "new" creditor's loans (if govt. doesn't bailout, the companies will go into Chapter 11, and you can bet they'll end up with a bunch of that AIG and bank bailout money, as any "new" loans to restructure get a super-priority collateral position). Read Mitt Romney's article in WSJ or New York Times a couple days ago- he hit it right on the money.
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Today's Featured Article - Show Coverage: Argyle and Mt. Pleasant Labor Day Weekend Shows - by Cindy Ladage. The last fling before summer fades into fall and we get busy in the fields are the annual Labor Day tractor shows. Beginning on September 5th and running through the 7th, the Argyle Antique Gas and Engine Show is held at the Argyle State Park. Located in West Central Illinois, the pine forest was the setting for the opening of the 22nd show. This year we decided to try to sell a few tractor parts, literature and wrenches to offset my husband's buying sprees. Saturday
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