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It's been a volatile week for investors -- and it's only Tuesday. Shares of widely held stocks like Apple (Nasdaq: AAPL), AIG (NYSE: AIG), Bank of America (NYSE: BAC), and Level 3 Communications (Nasdaq: LVLT) all fell by more than 15%. On Tuesday, many of those stocks regained their losses. So what does it all mean for investors? What does it mean for your retirement? Just how bad is it? In this installment of "Fool Video," Online Managing Editor LouAnn DiCosmo talks with Fool analysts Bill Mann and Robert Brokamp.
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Lou owns shares of Apple, but doesn’t own any of the other stocks mentioned. Neither Bill nor Robert nor Mac owns any of the stocks referenced. The Motley Fool has a disclosure policy.
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"Sociopathic" is exactly right. But I'd apply that word to B of A's practices. Does your recommendation consider the wrath of those who've been skewered by their credit card policies? I'd rather go to the Mafia for my next home or business loan: more integrity, and the rates are better.
GS baby...........
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