Rafael Grillo

Bank of America: Bank on This Opportunity

Thank you, Bingie. Indeed, I am writing about a strategic move that will have significant impact over the long-term, not the next-day trade. Having said that: juan77, this article was originally posted in my blog on September 17th, when BAC share price was at around $28! Be patient, though: we might still revisit that price point in the weeks to come.

The Mess on Wall Street: $4 Trillion Down the Drain

And yet, at the end of all this mess, there will be a few winners that will take it all. I am particualrly interested in Bank of America. They are taking some gutsy risks, but if they pay off -and I think they will-, BAC will come out of this turmoil as a financial power house. Some people have said they are reckless; I think they are being cleverly aggressive.