Moynihan Says His Entire Net Worth Is In BAC Stock

Tyler Durden's picture

... then it's not a very big net worth, we are sorry to say (and it will get even smaller).

And a chart of his net worth:

And some perspective from last year:

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SparkySC's picture

What Diversification! LOL 

What a retard.


All his eggs are in one basket?


kito's picture

i believe you meant "all his eggs are in one frying pan"?  

Rahm's picture

I believe you meant "all his eggs are in the toilet"? 



malikai's picture

Thanks Mr. Moynihan. I was on the other side of that trade. But I'll buy those shares back with my Oct $9 calls after QE3, maybe.

unwashedmass's picture

liar liar pants on fire.

masterinchancery's picture

Soon it will be: Buddy, can you spare a dime?

Duesco's picture

A basket made of plutonium.


Full of anthrax.


That's also on fire.

Ethics Gradient's picture

Sorry to be a party pooper, but I read that as assets - liabilities = assets held in BAC.

Should still mean he's going to have to explain to his wife why he's out of a job and they have to sell the furniture, though.

Hephasteus's picture

A basket made of plutonium.


Full of anthrax.


That's also on fire.


That has birth defects from anti-depression pills.


And is full of fail.

schoolsout's picture

Unrelated...well, somewhat, but buddy just texted that he heard Obama is to meet with Fed...


Anyone heard this yet?

Manthong's picture

Nothing like a few arsonists getting together for a meeting about how to control their fires.

darteaus's picture

Watch the silverware.


optimator's picture

Barry, your manager is here to see you.

11b40's picture

Question is....who called the meeting?

AmCockerSpaniel's picture

As the Cubans in South Florida say; All his eggs are under one chicken.

Pladizow's picture

Why would you believe him?????????????????

How many off shore, hidden accounts and assets do you think a guy of his caliber has - the answer is definitely not zero!

Rick64's picture

Exactly, when has one of these guys ever told the truth pubicly. An attempt to restore some confidence based on lies.

Big Corked Boots's picture

It would be funny if it turned out he's got a few stacks of kilo bars offshore.

Iam Rich's picture

Retarded...that was my first thought also (well, actually, f'ing retarded, but why quibble).

fx's picture

Love those BAC bashing going on here unabated. Seems Zh really has some axe to grind with BofA. I loved the article where the tough questions to be asked in the berkowitz call were listed - that was good stuff, indeed. But apart from that there is pretty much pure bashing lacking any substance. I am a buyer of BAC here, let's see who will have the last laugh...

etrader's picture

Its also coming upto "redemptions" Friday.

Its going to get messy on that frount.

FaithEqualsZero's picture

Why would you broadcast that? Dooohh

Buckaroo Banzai's picture

...and you believed him?

I'm quite confident he's lying.

MolotovCockhead's picture

Could be true for all we know. Those bastards have the habits of spending money on high class hookers and cokes, fine wine and expensive booze!

slackrabbit's picture





bob_dabolina's picture


Either he is a liar, or just pathetic.

bob_dabolina's picture

My faux pas, I apologize. He is a pathetic liar.

machineh's picture

You're telling me that the CEO of a money-center bank never learned the most basic investment principle of diversification?

What is this fool doing, running an investment institution?

Where do they find these brain-damaged losers?

Pladizow's picture

"Diversification is for the uninformed" - Warren Buffet?

hedgeless_horseman's picture

Diversification guarantees mediocrity.

Dental Floss Tycoon's picture

Diversification for me is 1/4 gold and 3/4 silver.

Hephasteus's picture

The old string to wax formula. Always works.

slaughterer's picture

For poor pathetic lying and stupidity, I liked Ken better. 

baby_BLYTHE's picture

someone better get a mat outside BofA. Don't want a bloody mess when he jumps out his window

kito's picture

@blythe--have a heart, use commerical grade carpeting. it has a little more cushion to it, and it cleans up nicely.

Pladizow's picture

Call in the Zips with the Industrial plastic, Hack Saws, Rubber Knee high Boots and Aprons!

BurningFuld's picture

Put a dumpster there. It will give new meaning to the term dumpster diving.

shushup's picture

Glad to see a Bankster get financially ruined instead of just the people.

BeetJuice's picture

Don't worry. They can always fly to Dubai and enjoy the Filipino hookers. We're actually stuck in this godforsaken country.

ZeroPower's picture

Lol someone just asked your question re reps+ warrants Tyler.

Long-John-Silver's picture

His future is out a window.


South Korean stock broker jumps to death off building after heavy financial losses, police say Read more:
Lord Welligton's picture

No suicide note was found. The fatal leap took place in the southeastern city of Daegu.

Maybe his "clients" were none to pleased.