Thursday, January 8

Oh the woes of Wall Street

Another note from Marketplace today -- this was Kai's closing comment of the day:

The good people over at the Nasdaq have been wondering the same thing we have: What's a good way to track how bailed-out companies are performing with all that government cash they've got?

Enter the newest stock ticker you'll want to be keeping track of. The OMX Government Relief Index includes companies that have taken TARP money, not all of 'em, just the ones that got a billion dollars or more.

Here's the kicker though, the index started trading Monday at an initial value of 1,000. Closed today at 941.
Well that's exciting news...

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