CNBC Talks about VISA & The Credit Crisis [VIDEO Link]
With everyone (including me) biting their nails at the whole credit crisis going on… should you sell your Visa or MasterCard? We’re hearing that major shareholders and banks are selling stocks of V … Does this mean you follow their lead like a headless chicken?

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Stock prices plunged on Wall Street yesterday as a fresh wave of anxiety swept across the markets over the banking industry’s struggle with the mounting credit crisis.
The Dow Jones Industrial Average slumped by 360 points to 13,300 - its fifth worst day of the year. It was second drop of more than 300 points [...]

The US Federal Reserve has kept the benchmark federal funds rate unchanged at 2 percent. Holding interest rates steady, the FOMC (Federal Open Market Committee)focused more on the growing risk of inflation. The FOMC statement said – “Although downside risks to growth remain, they appear to have diminished somewhat, and the upside risks to [...]