Wall Street Main Street trade-offs are popular pivots of present public pre-occupations. That is why not everyone will celebrate the new trend in lofty financial circles reported below:
There are rays of sunshine between the dark clouds of discriminatory Washington largess for erring banks. Certainly flocks of folk threatened with foreclosures will welcome opportunities to remedy their finances. There is no word about rewards for citizens who have met loan deadlines, but there is evidence that the era of rapacious consumer banking is halted if not stopped for all time.
A business crisis makes most people inward-looking. It is natural to attend to the wolf at your door before trying to protect others. However, professionally-run enterprises will put pressing customer needs first. That is why I commend administrative pressures and executive actions to strengthen loan counseling procedures by discredited financial institutions. It makes sound business sense to look after the welfare of your customers. It is a durable if subtle axis on which to pick stocks for investment during the coming week. I predict improved times for the banks referred to in the link provided in this post. You can also make picks from other sectors and industries on the basis of Interactive Marketing improvements by corporations in distress.
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