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"I could do this the rest of my life," says Bank of America (BAC) CEO Moynihan of his current...

"I could do this the rest of my life," says Bank of America (BAC) CEO Moynihan of his current job. The days of acquisitions, share buybacks, and dividends all at the same time are over, he says, vowing to forego some profit during good times so as not to give it all back during the bad. Think of it as the anti-Chick Prince: "While the music's playing, you've got to dance."
Comments (4)
  • new slang
    , contributor
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    YOBofAO
    27 Mar 2013, 11:02 AM Reply Like
  • Reim
    , contributor
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    Smart man and a great banker. Really knows his stuff. Long BAC.
    27 Mar 2013, 12:37 PM Reply Like
  • benitus
    , contributor
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    Prudence can only lend confidence and add to enhanced prospects. Brian is perfectly suited to make his mark in international banking, especially with a reformed BAC. He's not prone to be adventurous, preferring the time-honored practice of caution and prudence, rather than taking risks that will rekindle bad memories of a messy past. He's the guy to bank with and bank on. Long BAC!!
    27 Mar 2013, 01:51 PM Reply Like
  • JamesChessing21
    , contributor
    Comments (125) | Send Message
     
    YES WE SHAREHOLDERS PREFER SLOW STEADY PROGRESS SO THAT WE SURVIVE WITHOUT TARP SHOULD THE ECONOMY GO SOUR AS IT ALWAYS DOES EVENTUALLY.
    27 Mar 2013, 04:24 PM Reply Like
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