U.S. stock market risks an unprofitable decade

Date: Thursday, October 1, 2009

U.S. stock market risks an unprofitable decade

After back-to-back 15% gains comprising the best two quarters since
the first half of 1975, the S&P 500 needs to advance another 39% for
the index to break even for the decade.

ROMANIAN STOCKS FALL AS GOVERNMENT COLLAPSES

Selling hits Romania's currency and stocks, as the coalition government in
Bucharest collapses ahead of presidential elections scheduled for next month.

B. OF A. SEEN LOOKING INTERNALLY FOR NEW CEO

Bank of America will likely pick an internal candidate to replace
departing CEO Ken Lewis, because of a shortage of suitable outsiders
for the job, according to reports and analyst notes Thursday.

LEWIS SHOT WITH HIS OWN GUN, BUT IS HE TO BLAME?

Bank of America's Ken Lewis was shot with his own gun, and what will
be debated in the next few weeks and months is exactly who pulled the
trigger.

KEY JOB FOR NEW BANK OF AMERICA CEO: RESTORE TRUST

With Ken Lewis stepping down as Bank of America's CEO at the end of
the year, it's not to soon to think about mapping out what his
successor needs to do to right the ship.