Thursday, December 14, 2006

Santa's Bankers Avoid The Sack

Many Happy (Investment) Returns

Santa has good reason to rock around the Christmas tree this year, according to theksbwchannel.com. His hypothetical sack of 2006 investments recorded a year-to-date return of 21.2 per cent, according to analysts at Amegy Bank of Texas in Houston. While Santa's portfolio featured both naughty and nice stocks, the majority were so good that Santa is ho-ho-hoeing all the way to Wall St with a five-year average return of 18.8 per cent.

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