Charting Stocks

Bank of America has announced its plans to cut 30,000 to 35,000 jobs over the next 3 years. The reductions reflect it’s upcoming acquisition of Merrill Lynch  and the “weak” economy.
Should Bank of America be allowed to layoff 35,000 workers?
I know the question would anger some free market economists but let’s remember that [...]

Credit default swaps on treasuries hit another record. It now costs 66 basis points (0.66%) to buy protection against a US Government default on its treasury bonds. The cost has risen over 100 times the  January 2007 level of .06 basis points (0.006%) .
Credit default swaps (CDS) are a kind of insurance contract that can [...]