(New York) Once again, all the drama was in the financial sector Monday and once again, the Nasdaq woefully underperformed. This is an all too familiar pattern in recent months. Heading into Monday’s session the Nasdaq was already in bear market territory (down more than 20% from its recent high) and had closed below its Jan. 22 intraday low a week ago.
| Dow | 11,972.25 | 21.16 |
| Nasdaq | 2,177.01 | -35.48 |
| S&P 500 | 1,276.60 | -11.54 |
| 10 YR | 3.31% | -0.11 |
| Oil | $105.68 | $-4.53 |
| Gold | $1,002.60 | $3.10 |
March 18, 2008 at 6:03 am
The markets will be fine, but the BOARDROOMS aren’t and won’t be unless we fix them.
Due diligence and oversight long ago slid out the window. No one was watching. Open letter to CEO’s….
“WE THE SHAREHOLDERS OF YOUR COMPANIES……
http://pacificgatepost.blogspot.com/2008/03/letter-to-ceos-of-fortune-1000-cos.html
…. time for writers and bloggers to move mountains. …. welcome to pass it on.
March 18, 2008 at 2:27 pm
Rarrr! That’s we need to get some big burly kind up in there, enough of this meek share inherit nonsense, we need a CEO with hair on his chest! Rarr