Monday, May 17, 2010

Visa and Bank of Americs

Visa dropped over 10% on Friday due to an amendment added on to the financial reform bill about capping fees that Visa can charge. This can have adverse effects on Visa's business and will need to be looked into further.
As for Bank of America, them like the rest of the financial sector has fallen on hard times due to financial regulation and the European Debt Crisis.


-Richie

2 comments:

UASBIG said...

now does anyone believe me that the market wasn't good to invest in over the course of the last couple months?

Ramius said...

"As for Bank of America, them like the rest of the financial sector..."

It should be .."they, like the
rest of the financial sector..."

You may not think correct grammer and diction are important when it comes to picking stocks, but I can tell you (and I've been on the buy side for nearly 20 years) that no one I know would hire someone who writes or speaks like that.