Citi, Ford and GM are Penny Stocks
The rage before in the mid-1980s on the stock market was trading in what was then referred to as "penny stocks". These stocks were basically start-up companies that could be bought for a couple of dollars a share, and because of the media hype and stockbrokers pushing and churning them to their clients, they would go up a large percentage in a couple of weeks. Of course, like all fads on Wall Street, this soon came to an end when too many average people lost their savings in these ventures. After Eight Years of Republican Rule under the Bush Administration which squandered the Nation's Wealth on invasions and occupations of Sovereign Nations, refused to keep a watchful eye on the Financial Markets, and in fact, discouraged government regulatory agencies from forcing compliance, coupled with their quest for deregulation and tax cuts for Corporations and Wealthy Individuals, we know can look at a New York Stock Exchange listing that includes the biggest names in America...