Joel Buys Bank of America
I bought 70 Bank of America shares at $28 per share for a total cost of $1,960. In my opinion, Bank of America stock is looking pretty cheap right now and it is positioning itself to dominate the entire banking industry once events begin to stabilize themselves. I think that there is significant risk to Bank of America too, but Bank of America has grown itself into such a behemoth that the US government will never let it fail. The government already bailed out Freddie Mac, Fannie Mae and Bears Stearns- there is no way they would let the largest bank in America ever collapse. You guys agree or disagree with my purchase of Bank of America stock?
Former Treasury Secretary Paulson Forced BoA to Buy ML
Great Article on Financial Collapse
John Thain Should Be Personally Liable For Merrill Lynch’s Losses
Bailout Debt Crushes U.S. Taxpayers
Bailouts Continue to Grow and Spread
King of America: The Joy of Gluttony
Great Forbes Article on Nationalization of America
Socialism in America- Definition of Socialism and Socialists in Schools
AIG Burns Taxpayer Cash, Gives $165 Million Out In Bonuses
Poor friend, rich friend: who buys the beer?
Good Article on Stock Market
Rock Star Joel





Like my cheesy pic? :)