This week it was announced that New York Attorney General’s office is filing civil charges against the former CEO of Bank of America Ken Lewis, saying he misled investors about Merrill Lynch when it acquired the bank in late 2008. Whether this is politically motivated or there is legal merit, it is evident that after over a year of populist simmering over the fallout of the financial crisis, this is probably just the first in many such announcements. There Will Be Blood.
With that backdrop, the good news is that I want to share my favorite reads from the past week from around the money blogosphere. Also, I’ve included my top articles from within my network (make sure to check out my new blog ETFBase) as well as outlets that featured my content recently.
Favorite Reads:
Dividend Guy – 7 Warning Signs You Need to Repair Your Portfolio
Financial Samurai – Do “C” Students Deserve “A” Lifestyles?
Moolanomy – 25 Best iPhone Apps for Personal Finance
Steadfast Finances - Personal Finance Equations You Should Know
Consumerism Commentary – Personal Balance Sheet (I like checking out what other bloggers make – pretty cool that Flexo shares)
Len Penzo – Inflation 101: Why Avatar Isn’t the Biggest Movie of All Time (And What Movie Is)
Within My Network (I’ve been busy!):
- Most Incredible Investment Strategy – Yup!
- ETFs are Better than Mutual Funds – See Why
- Obama’s New Tax Plan: Winners and Losers
- Why Pay High Credit Card Rates when You Can…
- Option Spread Strategy – It’s In the Money!
- Extroverts Do Better? Here’s Why
- No Good Deed Goes Unpunished – Charity
- New ETF Review: Wildcatters Energy Small Caps
- 41 Stocks Increasing Dividends EVERY Year
- Drill Later, Not Now – and NOT for the Greens
- Laid Off? Think Fast! Budget Moves
- Innovative Ways to Hedge this Market
Carnivals that Featured My Articles:
Related posts:
- Weekend Reading: I’m A Plutus Award Finalist Edition
- Weekend Reading: HealthCare Up in the Air Edition
- Weekend Reading: Christmas is Over :< Edition
- Weekend Reading – Balloon Boy Edition
- Weekend Reading: 2016 Olympics Edition
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{ 1 comment… read it below or add one }
Ken Lewis was a hero to thousands of Merrill Employees. He bought ML before the market opened when the futures were showing a 7% decline and paid $25 BILLION more for ML than he had to if he waited till the end.
He then played dumb and paid ML employees billions in stock bonuses!
The world needs people like Ken. He is an empire builder who is willing to overpay for his own glory.
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