Bank of America Corp. (BAC)
Loading...
Symbols:
BAC Forum Topics
- All Comments on BAC
- General Discussion on BAC
- Discover Financial: A Creditable Investment - Barron's [view article]
- Investing in the Housing Crisis Aftermath: Stock Picks and Pans [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Loss of Integrity - Cramer's Mad Money Recap (9/3/08) [view article]
- National City: Paying Customers To Close Credit Lines Smacks of Desperation [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Credit Cards: Not Dead Yet [view article]
- Why Big Banks Find Private Banking Difficult [view article]
- Year to Date Performance of Dow 30 Members [view article]
- The ‘No Direction’ Portfolio: S&P 500 Outperformance With Lower Volatility [view article]
- Dow 'Dirty Dozen' Offers High Yields and Good Value [view article]
- Islamic Banking in America? [view article]
loading ...Recent BAC Articles
- Discover Financial: A Creditable Investment - Barron's
- Wall Street Breakfast: Must-Know News
- National City: Paying Customers To Close Credit Lines Smacks of Desperation
- Thursday Options Update: UST, BAC, CAG, MAS, TEX, NUAN, NRG, CLX
- Wall Street Breakfast: Must-Know News
- Why Big Banks Find Private Banking Difficult
- Year to Date Performance of Dow 30 Members
- Credit Cards: Not Dead Yet
- Inverted Yield On Cost Curve: Not Always a Bad Thing?
- Dow 'Dirty Dozen' Offers High Yields and Good Value
- Full List of Articles »
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
American
World
National City: Paying Customers To Close Credit Lines Smacks of Desperation [view article]
Speaking of HELOCs and investing, how much HELOC cash is there in the market, anyway? ReplyNational City: Paying Customers To Close Credit Lines Smacks of Desperation [view article]
Ifeel that your degrading due dilligence on NCC onlysets up a better future for the soon to be offers to purchase this entire chain, at a bargasin price. Think Barclays, Bank of Nova Scotia, or even J.P. Morgan Chase will offer no less than $40.00 per share. My suggestion,(Contrary to all Financials Opinions) is BUY ALL YOU CAN WHILE IT'S CHEAP. Reply
Wall Street Breakfast: Must-Know News [view article]
Believe it or not, China's CB needs cash. The People's Bank of China, China's highly-leveraged central bank, is in need of a capital infusion. It owns about $1T in Treasury and mortgage-backed debt - on a capital base of just $3.2B - the value of which is declining sharply on the heels of a strong yuan. It could, of course, print more money, but not without running the risk of stoking inflation. The predicament could prompt China to stop allowing the yuan to continue rising vs. the dollar, heightening its trade tensions with the U.S. ****LOOK OUT BELOW*** ReplyNational City: Paying Customers To Close Credit Lines Smacks of Desperation [view article]
Your conclusion regarding NCC's capital is short sighted at best, and smacks of irresponsibility and sensationalism. The Bank's $7 billion dollar capital raise has left it with the highest Tier 1 capital ratio, a measure of the banks liquidity, of all large banks in the country.The volitility in the financial services sector in general, and within NCC specifically, is largely a result of the difficulty banks have had in providing accurate forecasts of loan losses. By actively reducing the bank's real estate exposure they will better be able to identify trends and project losses, not to mention reducing the risk of additional losses as consumers tap credit lines to stay afloat. Reply
rver
National City: Paying Customers To Close Credit Lines Smacks of Desperation [view article]
These are strange times. I think you will be seeing lenders letting borrowers become "house sitters" and may even pay them to stay in the lender's house. A vacant house deteriorates rapidly and with no ready market, it makes sense to keep it occupied. A few foreclosures can be handled, but a tidal wave requires new thinking. ReplyCredit Cards: Not Dead Yet [view article]
I work for a large regional bank, and based on how they direct customers to use their cards (more rewards for those that use credit cards as compared to those that use a debit card), I would assume that they make more revenue from a credit card purchase (ie. processing fees, interest, etc.). To me if the bank is making more money then I am probably making less.And they idea that you pay it off every month means nothing because I do the same thing every month with my debit card with no risk of not being able to make a payment as I didn't spend it unless I had the cash.
The best way to avoid any problems in regards to dispute with a debit card and the delay in having the cash returned (which I have never had this issue and have used a debit card for several years) is simply don't run your checking account balance down to 0 and always have a emergency fund to fall back on. Common sense that anymore is not that common. Reply
Loss of Integrity - Cramer's Mad Money Recap (9/3/08) [view article]
Starting from scratch these might be good portfolios. At least they are diversified! ReplyCredit Cards: Not Dead Yet [view article]
Footnote: Credit cards and Debit cards are similar in liability> If you report the unauthorized use within 30 days your max liability is $50.00 ReplyLoss of Integrity - Cramer's Mad Money Recap (9/3/08) [view article]
Right, the taxpayers get stuck with the bad debt and the banks get only the good parts? This is socialism pure and simple. Write your congressman and senator. If they don't respond appropriately then vote the bums out. Remember this is an election year and don't forget to VOTE! ReplyWall Street Breakfast: Must-Know News [view article]
anybody remember the suicide of the printers union in nyc? as globalization increases the unions that are left better start educating their members of the realities of life in the business world. Replyancisco
Wall Street Breakfast: Must-Know News [view article]
Does anybody understand the approach that Boeing and the unions have taken over the last several years. While we don't have a national strategy on industries, this would seem to be a key one. It is technologically based, the main competitor is tangled up in European politics and socialism, there are balance-of-trade opportunities, there are national security issues, etc. One would hope that union negotiations take place in the context of general agreements about how much of prosperity or difficulty the owners get (ROI) and how much the workers get (wages). Hopefully it is not totally tactical - like US Steel or Detroit in the 50s. ReplyWall Street Breakfast: Must-Know News [view article]
I grew up in Flint Michigan and saw first hand how lazy ass auto workers and a currupt unions failed the workers, the city, the state and the country by not allowing new technologys to be used while making it almost impossible to fire workers who were not effecient. Taxes and unions drove jobs overseas and looks like we havent learned a thing.On Sep 04 11:54 AM User 218405 wrote:
> The Unions had better think twice about striking Boeing. They have
> all but killed the Auto industry in the past. The economy doesn't
> warrant jeopardizing your job with a layoff. Reply
Wall Street Breakfast: Must-Know News [view article]
The Unions had better think twice about striking Boeing. They have all but killed the Auto industry in the past. The economy doesn't warrant jeopardizing your job with a layoff. ReplyLoss of Integrity - Cramer's Mad Money Recap (9/3/08) [view article]
Cramer says year of natural gas. Don't listen to him. ReplyLoss of Integrity - Cramer's Mad Money Recap (9/3/08) [view article]
Cramer's game (and portfolio approvals) illustrates the danger of overemphasizing diversity at the expense of quality stock selection. Reply