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Description:  Bank of America Corp. is on track to be this year’s worst performer in the Dow Jones Industrial Average as concern about mounting mortgage losses and a global economic slowdown weighed on the second-biggest U.S. lender.

Source: Businessweek.com

Date: 12/30/2011

Link:  http://www.businessweek.com/news/2011-12-30/bofa-s-three-ring-circus-posts-worst-showing-in-dow-average.html

Questions for discussion:

  • Summarize the key points presented in the report.
  • Is there a solution to the problems cited that would revive investor confidence in these firms?

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