Advertisement
Canada markets open in 7 hours 9 minutes
  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CAD/USD

    0.7309
    +0.0012 (+0.16%)
     
  • CRUDE OIL

    82.94
    +0.13 (+0.16%)
     
  • Bitcoin CAD

    87,966.47
    -3,261.12 (-3.57%)
     
  • CMC Crypto 200

    1,389.62
    +7.04 (+0.51%)
     
  • GOLD FUTURES

    2,330.50
    -7.90 (-0.34%)
     
  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • NASDAQ futures

    17,431.25
    -233.25 (-1.32%)
     
  • VOLATILITY

    15.97
    +0.28 (+1.78%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • CAD/EUR

    0.6815
    -0.0004 (-0.06%)
     

The Ramifications of a 1700-mile Commute

Bank of America CEO, Brian Moynihan is unlike your typical executive. He chooses to live in Boston while his bank is headquartered in Charlotte, North Carolina. This presents a huge challenge to the company as a whole, and its investors. What are the financial ramifications to the company when considering his commute between home and work? Should investors take seriously a CEO who is not willing to move to the city where his company is located?

This podcast was recorded on 11/9/2015.