Wednesday, March 23, 2011
Bank of America is still insolvent
And even a most sympathetic Federal Reserve was unable to approve the plan for a dividend increase by the 3rd quarter. So, without changing their financial status, BAC is going to rejigger their proposal, put some lipstick on the pig, if you will, to try and fool the Feds. It just might work.
Subscribe to Posts [Atom]
Post a Comment