B of A Gets The Scissors Out
Read the full article at: http://themoneygardener.blogspot.com/2008/10/b-of-gets-scissors-out.html
Submitted by themoneygardener on Thu, 2008-10-09 08:14.
(via themoneygardener.blogspot.com)
Bank of America (BAC) finally cut their dividend by 50% which saves about $1.4 B per quarter. I've talked a lot on this blog about whether or not BAC will cut their dividend and now they finally have. The credit crisis has obviously got to a point that is much worse than anyone had imagined
