Friday, August 14, 2009

Krawcheck Buys $1 Million of BofA Stock

A new executive officer buying stock in her company is not terribly unusual. It is often a sign of good faith, and an expression of confidence in her abilities to lead a team forward. What is somewhat unusual is when she buys a million dollars of the stock, which is exactly what Sallie Krawcheck, the new head of Bank of America's wealth management business did this week. More>>>