Zings Of The Day September 13, 2011
"The top priority is to avoid an uncontrolled insolvency, because that wouldn't just hit Greece," German Chancellor Angela Merkel said this morning. Angela, it would kill all of Europe. Glad you're just realizing that.
Shares of Bank of America (NYSE: BAC) reacted well to news that CEO Brian Moynihan said the company will seek $5 billion in annual cost cuts and cut 30,000 jobs. President Obama must be so happy to hear about this with his new American Jobs Act bill trying to get passed.
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