Wisconsin Banking Update
Providing banking news in Wisconsin that Wisconsin Bankers can use. Keep on top of all the banking issues that are affecting Wisconsin in one place. If you would like to receive these updates by email please subscribe by entering your email address on the right. There is no cost and no obligation.
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Farewell to Dismal Year on Wall St.
Posted on December 31st, 2008 No commentsThe book has closed on the worst year for Wall Street since the Great Depression, with the Dow Jones industrials losing almost 34 percent overall in 2008. Likewise, the Standard & Poor’s 500 Index ended the year 38.5 percent lower, while the Nasdaq Composite Index finished 2008 down about 40.5 percent, the Milwaukee Journal Sentinel reported.
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Wis. Ends Year With $2.5B Deficit
Posted on December 31st, 2008 No commentsThe Wisconsin state government closed its books on fiscal year 2008 with a $2.5 billion deficit, the largest in the state’s history, according to the Wisconsin Taxpayers Alliance, a nonprofit, nonpartisan group dedicated to policy research and citizen education. Read more.