Eagle-Chief

Citi + Bank of America Losses = Rest of U.S. Banks Value

Just goes to show you how damned overvalued these companies are. People buying these companies were paying greatly hyperinflated prices for them. Maybe the prices they are selling for now are more accurate of their true values, or perhaps they are still overinflated.

Bank of America: The Most Popular Dividend in America?

Nyka - you should get a job proofreading....not critiquing articles. Yeah, I go for the question mark, but CEO Lewis, or even Lewis? Give me a break. These guys (CEO's) are humans just like the rest of us - remove their clothes and they're no different than the rest of us. These are (rather) informal articles and the author did write "CEO Ken Lewis" shortly before he wrote "Ken." These guys (CEO's) are not gods. Tom, Dick, Harry or Ken is just fine with me.

By the way, The (or is it Mr. Moneygardener? - hehe), I see you're Canadian. I used to believe (like you) that stocks are a way to get rich (or at least, get richer). But now I strongly feel that the stock market is a game to benefit large corporations and their multi-million dollar earning CEO's. Sure, there are sometimes dividends. But I see that you are still "underwater." Some people do well, but stocks are risky. Very risky, as we are now seeing. Many people lose money. Buying stocks is gambling, clear & simple.

This comment forwarded to Nyka for proofreading. :O)