Community | October 08, 2009 | Comment on this video (0)

FedEx it to the Banks!!

bryanblack
The economy might be on the road to recovery. Fed Ex Corp has raised its expected earnings and plans to see a modest recovery over last year.

David Rosendberg parted ways with Merrill Lynch this past May. He began a new career in Toronto noting that the Canadian banks never experienced defaults the way American banks did and believes that America has hit bottom in the profit cycle.

A group of banks headed in the direction of money and without any help from the federal bailout cookie jar. These non-rescued banks are fairing better than the rescued ones.

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