Bank of America

Bank of America
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FBR: Bank Of America Needs $70 Billion





Paul Miller has released a report that none of the programs trading the market currently have obviously read. Regardless, in keeping with hopes that at some point cheerleading and rationality prevail, it is prudent to at least know what will happen as you are purchasing BAC stock today.

 
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Bank Of America Needs $36.6 Billion More Capital According to Oppenheimer





A research piece from Oppenheimer states that BofA needs to raise over $36 billion in equity to be in line with peers. Analyst Chris Kotowski says that due to inability to access the equity capital markets, BofA will be forced to follow in Citi's footsteps and convert preferred shares to common stock.

 
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Bank Of America Downgraded To A From A+, Outlook Negative





From S&P downgrade just issued:

 
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Bank Of America's Tragicomical Take on U2's One





While Bono would be pacing in his San Remo penthouse with 2 inch earplugs and howling at the moon upon hearing this next clip, which is a curious reincarnation of U2's legendary "One", it does explain Bank of Countrywide Lynch's approach to boosting employee morale, and, as a result, why employee morale is where it is now.

 
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Bank Of America Claims It Did Not Engage in Superbowl Carnival





Bank of Countrywide Lynch came out with a surprising release earlier in which it defended itself from media allegations that it had spent $10 million of TARP money on a 5 day Super Bowl carnival and that senior management was in fact not at the 20 yard line (cheering the

 
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Bank Of America Hits All Time Low Again As Does Textron





$4.78/share last. No specific reason yet aside from that it should maybe be at 0.

As for private jets, well you know our views

Flash

 
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Bank of America Can Only Drop Another $5.94...





...Before it hits $0
17% down today. What is over/under days until Ken Lewis' resignation. We say 10

*******UPDATE********

$5.65 to zero now

 
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