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Hindsight is 20/20, especially when it comes to missed trading opportunities. But when the government has the trade of the century at its fingertips and fails to take advantage of it, someone has to play the Monday morning quarterback. ...more
October 31, 2009
Charlotte, N.C.-based Bank of America plans to lay off 81 employees in Tampa, according to a notice it filed with Florida regulators. ...more
June 18, 2009
Dang 'em! We ought to take a rope and hang 'em! From higher than the tallest tree! ...more
March 25, 2009
Rep. Barney Frank charged Monday that a decision by financially strapped insurance giant AIG to pay millions in executive bonuses amounts to "rewarding incompetence." ...more
March 16, 2009
William and Jane Sibbitt won't be traveling this year to visit their grandchildren in Vermont or his brother in California. They're shopping for golf shirts at garage sales, they're not eating out as much, they're doing less recreational shopping in Terre Haute, and they've even cut back on charitable giving. ...more
February 12, 2009
In his latest move to show support for his bank, Bank of America Corp. Chief Executive Ken Lewis spent almost a million dollars this week to buy additional shares of his struggling bank. ...more
February 7, 2009
Bank of America Corp. said Wednesday that it is selling nearly half its corporate aircraft as it acts to scale back costs. ...more
February 5, 2009
The big question is, who gets the $35,000 commode? ...more
February 1, 2009
Thain Resigns From Bank Of America NEW YORK (AP) - Wall Street bonuses, a sore point as the government gives billions of dollars in bailout money to the financial industry, have apparently cost former Merrill Lynch & Co. CEO John Thain his new job at Bank of America Corp. ...more
January 25, 2009
Wall Street bonuses apparently have cost former Merrill Lynch & Co. Chief Executive John Thain his new job at Bank of America Corp. ...more
January 24, 2009
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