Banks Most Likely to Pay Back Bailout Funds

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Bank Bailouts

As usual, you provide a lucid and readable commentary on the situation you describe. I am particularly interested in the bank tests because I have a significant amount of money (for me)in MetLife preferred stock. I had assumed that it would be almost impossible for MetLife to go under. I also have a smaller amount of preferred stock in Wells Fargo, which at one time was seen as the most sound of the banks. Data has a short half-life these days. I also have bonds in Goldman Sachs, and Bank of America. The rest of my bonds are in companies such as Coca-Cola, and other companies which I assumed would survive a great depression.

I read your column because you describe bad news without becoming saying economic Armageddon is coming, and good news with a tempered approach. I will continue to read your column as a useful means of helping me find my way through the financial odyssey ahead

Neil Benson of SC @ May 11, 2009 12:26:09 PM

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Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.

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