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  • Bank of America (BAC) drops 1.6% AH after it's disclosed in a 10-Q filing that the company might issue common stock to raise funds to buy back preferred shares. Such a move would likely dilute existing common shareholders.  [View news story]
    i heard the new dodd frank legislation requires banks to remove the trust preferred securities from their tier 1 capital, and that the banks would likely call in these preferreds beginning in jan 2013? any comments
    Nov 4 05:04 AM | Likes Like |Link to Comment
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