London, United Kingdom (PressExposure) September 29, 2008 -- Cornerstone Worldwide remains convinced of the sense in holding technology stocks for long-term returns.

Many stocks have been sold off along with financials but Cornerstone Worldwide believe this to be the result of forced selling by investors needing to raise cash to meet margin calls in other markets which have suffered immense volatility as the credit crisis has progressed.

In unnamed individual familiar with Cornerstone Worldwide strategy said that as the current situation in global financial markets is unprecedented, many sound technology companies have been adversely affected.

The Cornerstone Worldwide source also added that technology companies remained at the vanguard of innovation and, as such, should reward value investors with generous returns in the long-term.

World Markets: “Cornerstone Worldwide” – Fed $85bn AIG Bailout.

Cornerstone Worldwide – AIG’s bankruptcy may have destroyed world financial system.

Cornerstone Worldwide is reportedly convinced that the Federal Reserve’s bailout of US insurance giant AIG has saved the global financial system from certain meltdown.

Sources close to Cornerstone Worldwide said the Asian-based wealth management group believes that although the turbulence in markets is likely to subside in the coming days, it is still urging investors to exercise caution.

The Fed has agreed to lend AIG $85 billion over 24 months in return for 80% of the company. The unnamed Cornerstone Worldwide source said that the US banking system has cost the US taxpayer $400 billion in the last 10 days if the Freddie Mac and Fannie Mae bailouts are included.

Cornerstone Worldwide, who advocate value-based, long-term investing, are according to reports, acquiring distressed stocks that have been sold by institutional investors to meet obligations in other markets.

About Weekly Online

Cornerstone Worldwide, is an Asian-based, boutique wealth management company.

Press Release Source: http://PressExposure.com/PR/Weekly_Online.html