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Sep 19, 2011
Sep 19, 2011
Sep 16, 2011
Sep 9, 2011
Sep 9, 2011

What the Bank of America shakeup means for you

NEW YORK (Reuters) – The recent executive shakeup at Bank of America followed by reports of massive layoffs at the bank may leave you wondering what the turmoil means for you – either as a client of the banking colossus and Merrill Lynch, the brokerage firm it owns, or as a shareholder.

As experts ponder these moves – which include the departure of Sallie Krawcheck, head of the bank’s wealth management unit and Merrill’s public face – they see a rocky period in the days ahead for the company’s shareholders, but not necessarily its clients.

Sep 8, 2011
Sep 7, 2011
Sep 6, 2011
Sep 6, 2011
via Reuters Money

Back-to-school spending tests your wallet and your patience


Remember when you could outfit a kid with roughly $20 in school supplies? Now there’s a lesson in ancient history, folks.

In present-day Chicago, the list of required items for two public school students can easily top $200. And the author of this article, a father of two, has a fresh receipt to prove it: The total at Office Depot last week to outfit a fourth-grade boy and a second-grade girl came to $196.13 before cashing in a $20 coupon.

Sep 2, 2011
    • About Lou

      "Lou Carlozo most recently served as the managing editor at WalletPop.com, AOL's personal finance website. He also wrote and created "The Recession Diaries" column at the Chicago Tribune, where he served as an editor and staff writer for 16 years. The author of a journalism textbook and an adjunct professor at National-Louis University, Carlozo is the lead popular music critic for Christian Century magazine, a contributor to Downbeat magazine and also writes the "Green Dad" column for DealNews.com. The opinions expressed are his own."
      Joined Reuters:
      Bob Briner Impact Award, Biola University, 2007
      Chicago Tribune Innovator Award, 2005
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