Republic First Bancorp, Inc. Review in Progress.

0 Comments | M2 Presswire, January, 2008

M2 PRESSWIRE-21 January 2008-The SI Report: Republic First Bancorp, Inc. Review in Progress(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:21012008

Friday's markets didn't respond well to President Bush's stimulus plan. The president's 145 billion dollar plan wasn't enough for Wall Street according to Kim Caughey, equity research analyst at Fort Pitt Capital Group. The Dow Jones plummeted 79.09 points in afternoon trading despite being up more than 180 points in the morning. This follows the drastic plunge of 306 posted on Thursday.

Others, such as Washington Mutual, reported steep losses for their fourth quarters as the banking industry tries to fix shrinking portfolios. More economists are beginning to believe that the feared recession has...

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