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Doomsday Scenario: Monday afternoon's dose of sunshine!

Good afternoon . . . not really. We have a fresh round of awful news from the markets, of course. Tyler Durden over at Zero Hedge brings us tidings of the travails of Louisiana Pacific (NYS: LPX) The maker of paper and would products whiffed on earnings, is trying to raise $350 million in cash via a bond offering. And that giant sucking sound? That's insurance cripple AIG (NYS: AIG) sucking another $30 billion out of taxpayer pocketbooks. (Naturally, AIG is on the Piqqem Sentiment list for Lowest Rated Stocks!).

Continue reading Doomsday Scenario: Monday afternoon's dose of sunshine!

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DJIA-74.9212,454.83
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Last updated: May 29, 2012: 02:44 AM

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