Lehman Brothers shares are down 94 percent from their 52-week high, because Wall Street thinks the investment bank may not survive. Bear Stearns has already gone off a cliff. And the government is taking over Fannie Mae and Freddie Mac. Yet the political news media focuses on colorful insults between the McCain and Obama camps. What’s wrong with this picture?
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Does Anybody Running for President Understand Finance?
Posted September 11th, 2008 by Joe Panettieri
Software as a Service Stocks Fall 3.41% for Week Ended Sept. 5
Posted September 7th, 2008 by Joe Panettieri
Software as a Service stocks, like the broader US markets, continue to struggle. MSPmentor’s SaaS 20 Stock Index fell 3.41% for the week ended September 5 — marking the third consecutive week that the index has declined.
Fannie Mae, Freddie Mac and MSPs
Posted July 14th, 2008 by Joe Panettieri
I’m upbeat about the managed services market and the IT channel, but I wonder: Will the mortgage crisis at Fannie Mae, Freddie Mac and IndyMac Bankcorp (among others) begin to impact small business IT spending, lending to small businesses, and the IT channel as a whole?
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