Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, June 20, 2005

Bad Day for CEOs

Wow! 80 year old John Rigas was sentenced to 15 years in prison. The judge said he would have made it more, if not for Rigas' poor health. I can't wait to see what Bernie gets on July 13th. Oil ended the day at $59.37... ouch. It's not unexpected, but I always hope for the best. Markets responded with a yawn, dipping only slightly. This seems to indicate some resilience for stocks. Dow -13.96 NASDAQ - 1.98 S&P 500 -0.86