24/7 Wall St.
07-28-2008, 07:50 AM
24/7 Wall St. Daily News
The national economy has gotten so bad, driven by high commodities prices and a credit crisis which cannot seem to find a bottom, that some of America's most well-known companies will have to raise capital, diluting current shareholders, sometime by as much as 75%. The low share prices of these firm's makes matters significantly worse as they turn to the markets for cash. http://feeds.feedburner.com/~f/typepad/RyNm?i=ocdCtJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=ocdCtJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=7B81fJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=7B81fJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=iKKQ9j</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=iKKQ9j)
complete story here... (http://www.247wallst.com/2008/07/some-of-america.html)
The national economy has gotten so bad, driven by high commodities prices and a credit crisis which cannot seem to find a bottom, that some of America's most well-known companies will have to raise capital, diluting current shareholders, sometime by as much as 75%. The low share prices of these firm's makes matters significantly worse as they turn to the markets for cash. http://feeds.feedburner.com/~f/typepad/RyNm?i=ocdCtJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=ocdCtJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=7B81fJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=7B81fJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=iKKQ9j</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=iKKQ9j)
complete story here... (http://www.247wallst.com/2008/07/some-of-america.html)