Us Stocks Fall Amid Banking Concerns

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The Pickens Plan is the brainchild of T. Boone Pickens and proposes a move to wind power to generate electricity. Rather than rely on natural gas to create electricity, the Pickens Plan offers an energy crisis solution: wind drive. Currently, 22 percent of our electricity is generated by natural gas, according to T. Boone Pickens.

He said saving aggressively - and saving early - still rates as the most important piece of investment advice anyone can grant to the normal investor. Moreover, distinguishing between basic needs such as bills and food and additional cash is really important to minimizing risk.



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In November 2005, venture firm Sequoia Capital invested an initial $3.5 million;additionally, Roelof Botha, partner with the firm and former CFO of PayPal, joined the YouTube board of administrators. In April 2006, Sequoia and Artis Capital Management put an additional $8 million into the company, which in fact have experienced huge popular growth within its first few months.

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"The risks are how the U.S. consumer recession is deeper than anticipated. In order that they would be increasing their U.S. exposure as client outlook is deteriorating," said Richard Morris, a fund manager with Constellation Capital Management, which does not own Westfield shares.

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