mrbill

Stocks on the Verge of... Something

"Wasn’t it the CEO of Bank of America (BAC) who said they had plenty of capital, but took billions in TARP — who then said the dividend was safe, but then cut it in half — who subsequently said the dividend is now safe, but cut it again to one penny?"

Good point. Sadly most people, especially in the US have short term memories. In the US, not only can you fool us once, but several more times, and then some.