Bank of America stocks tumbled twenty percent on Monday as investors responded in part to a $10 billion lawsuit that the insurance coverage corporation American International Group brought in opposition to the company.
The dramatic single-day fall had been similar to market plunges throughout the financial crisis of 2008, and stood out even amongst a market-wide spate of sell-offs which left the Dow Jones industrial average more than 600 points down on the day.
{"id":1729,"date":"2011-08-08T21:55:52","date_gmt":"2011-08-09T03:55:52","guid":{"rendered":"http:\/\/inboundmlmsuccess.com\/blog\/?p=1729"},"modified":"2011-08-08T21:55:52","modified_gmt":"2011-08-09T03:55:52","slug":"bank-of-america-stock-falls-20-percent","status":"publish","type":"post","link":"https:\/\/www.inboundmlmsuccess.com\/blog\/index.php\/2011\/08\/08\/bank-of-america-stock-falls-20-percent\/","title":{"rendered":"Bank Of America Stock Falls 20 Percent"},"content":{"rendered":"