Lehman, Merrill, AIG and BofA

The action over the weekend resulted in Lehman Brothers (LEH) going into bankruptcy and Merrill Lynch(MER) selling itself to Bank of America (BAC).


ETF ACADEMY: Checking for Overlap

When evaluating ETFs for your portfolio, one of things you should check is if the fund is holding stocks that you already have exposure to through other ETFs. The pros call holding the same security across multiple funds overlap.