BDHPlayer

Bank of America Shares Now Worth Less

Your wrong on the net income pie. The net income does increase by the earnings on the cash received, as well as, leveraging the cash received.

The question is whether earnings per share will increase or decrease because of the additional shares issued.

Bank and Broker Default Risk

What I find interesting about these numbers is that BCS and ING have lower CDS rices thatn JP Morgan. If you look at the preferred stocks of these companies, they are yielding in the area of 40% per year.

Which market is right?