S&P Takes Citi, BofA Off Downgrade Watch
Standard & Poor's Ratings Service removed Citigroup Inc.(C) and Bank of America Corp. (BAC) from watch for downgrade, saying the banks' efforts to boost capital should provide enough cushion against future losses.
"The Chinese use two brush strokes to write the word 'crisis.' One brush stroke stands for
danger; the other for opportunity. In a crisis, be aware of the danger - but recognize the opportunity." -J. Kennedy