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  • How Are Banks Spending Bailout Money? Anyone's Guess [View article]
    Just to show you that US Investors can't see value in Banking

    BAC just sold a 12% stake in China Construction Bank for 5.6B shares for $3B US and still have 38M shares
    this mean the value of the reamaining shares of BAC=+/-$26B US Alone....and BAC market value is only $70B US...can you believe this....???

    Just that $70-29B(CCB Bank holding value)=BAC is value only at $41B by Wall Street??? vs JPM at over 4100B and WFC at $95B???

    Each Preffered H shares of BAC in CCB give $0.11 dividend on top of that...LOL
    Jan 07 02:06 am |Rating: 0 0 |Link to Comment
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