Tax Reform in This Election Year: It's Not Likely
Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger
Shares of Bank of America (NYSE: BAC) plunged over the past month on concerns about write-offs from its Merrill Lynch unit and fears that the firm might be nationalized to keep it from failing. Over the 30 days ending on Thursday, the stock moved down 60% before recovering on Friday by rising 26% to $6.13.
Ken Lewis, the bank's CEO, has made public comments that his company is fine and will not need more capital from the government. Skeptics argue that he is simply trying to keep his job.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
