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Brian Moynihan (NYSE:BAC) on why he sees another year that’s "a grind" in the economy:...

Dec. 20, 2011 11:56 AM ETBank of America Corporation (BAC) StockBACBy: Carl Surran, SA News Editor12 Comments
Brian Moynihan (NYSE:BAC) on why he sees another year that’s "a grind" in the economy: “Never have middle-market and large companies been as profitable, had as much cash on their balance sheets, had as much availability on their lines, but they haven’t done anything with the money. They don’t feel the certainty of opportunity to make big investments.”

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