Category Archives: Stock market
Bank of America, investors, still paying for Merrill Lynch sale
On the cusp of the 2008 financial meltdown I wrote about Merrill Lynch’s $50-billion sell-off to Bank of America, America’s second-largest bank. The move, according to the New York Times, was an attempt between the two companies to avert a “deepening … Continue reading
Craps against the high-rolling dark siders
We just returned home from a nice Las Vegas escape where a craps table adventure gave me and the wife something to smile about. We both enjoy playing the game and strategizing together during our infrequent Las Vegas visits. We … Continue reading
Inside the collapse
Don’t know if you saw this on CBS’ 60 Minutes last night. It was Steve Croft’s interview with author Michael Lewis. Lewis explains, in easy to understand detail, how some of Wall Street’s finest minds managed to destroy $1.75 trillion … Continue reading
Buffett’s investment letter pure genius
If you read one piece of investment analysis this year- This is the one I’d suggest: It’s Warren Buffett’s annual shareholder’s letter. It features easy to understand, plain spoken analysis and advice on today’s financial markets. The letter is both … Continue reading