hexvate's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/219308/comments http://seekingalpha.com/article/82955/comments?source=feed#comment-195246 195246
Know why? I know that if I have $500 in my account and write a bunch of checks that amount to $550...that means I'll overdraw. Duh.]]> Sun, 29 Jun 2008 12:43:07 -0400
Know why? I know that if I have $500 in my account and write a bunch of checks that amount to $550...that means I'll overdraw. Duh.]]> http://seekingalpha.com/article/83132/comments?source=feed#comment-195237 195237
Ken Lewis is the reason that Bank of America stayed clear of the sub-prime crisis. The company could have made billions more (i.e. Bear Sterns, CountryWide) if they'd lent solely based on ARM mortgages with short-sightedness.

Bank of America is the second largest retail bank on the planet. The only one above them is Citigroup....and they lost $5 billion in first quarter, laying off 7,000 employees. Bank of America made $1.21 billion in profit first quarter.

Sounds like a smart company to me.]]> Sun, 29 Jun 2008 12:33:48 -0400
Ken Lewis is the reason that Bank of America stayed clear of the sub-prime crisis. The company could have made billions more (i.e. Bear Sterns, CountryWide) if they'd lent solely based on ARM mortgages with short-sightedness.

Bank of America is the second largest retail bank on the planet. The only one above them is Citigroup....and they lost $5 billion in first quarter, laying off 7,000 employees. Bank of America made $1.21 billion in profit first quarter.

Sounds like a smart company to me.]]>