We wanted to let you know about a new development here at Sentara Capital. We now have a Facebook page. We will be posting frequent economic/investment updates on the page and by "Liking" the page you will be able to see these updates. This is in addition to the posts on this blog. We have received tremendous feedback on the blog posts but many of you have asked for more frequent updates. We hope you enjoy the updates. Click the link below to go to the page and once there click on "Like".
Good afternoon; With the cool weather rolling in it will be interesting to see if it has any impact on the subject of this week's article... Occupy Wall Street is now occupying the front page news on a daily basis. There are some legitimate reasons to be frustrated with the big banks. Taxpayers bailed out many of the big banks in 2008 and 2009. That was several years ago but changes to the big banks have not been made and because of that taxpayers could be on the hook again if the large banks run into trouble.
That being said, Occupy Wall Street seems to have been hijacked by a fringe element with recent reports of violence, public nudity and drug use occurring in New York.
Here is some further information on the movement: Article