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Wall Street Breakfast: Must-Know News

I have always been of the opinion that when you hear that a company is being investigated or has some type of accounting irregularities that you either sell what you have or shy away from buying in. I would hope that BAC will temper their offer based on a overabundance of "due diligence" when the final offer is finally made.
Or, simply walk away.

Poole, Paulson, Bernanke on Bailouts and Bank Failures

I wholeheartedly agree with the "Things We Don't Need" section of your article. I do feel that we need to take a collective deep breath and get our financial house in order.