bank of america

Worst Trading Day Since 9/11, Tech Stocks Take Cover

Chris Dannen — Mon, 15 Sep 2008 18:21:46 -0400

The foundering of several bedrock financial companies helped create a perfect storm today, spurring to one of the worst trading days in nearly a decade. The tech sector didn't escape the catastrophe, but fared more buoyantly than almost all others, closing the day with some big news of its own.

Watching Financial Institutions Get Crushed

Kurt Feshbach — Fri, 12 Sep 2008 14:04:26 -0400

Watching these financial institutions get crushed makes for some interesting reading.

Of course, since I work in the shorts stock marketing, I have no information or way to know if Bank of America would buy Lehman.

But, the amount of leverage they were using must have been so large they couldn't get their hands uncuffed at Lehman. So many billions of dollars down the toilet for investors and employees.

It will be too bad for all the people out of jobs and all the people who have lost money in what should have been a very stable company.

Fiduciary Planet

Kevin - — Sun, 13 Apr 2008 20:47:56 -0400

New world of responsible business, investments, financial services and living.