Bank of America May Have to Cut Dividend [View article]
All the BAC mistakes are coming home. Buying that dog Countrywide was stupid. BAC could have just waited and picked up the loan servicing dept. for next to nothing. But, no. They paying $50B for Merrill Lynch. Now that was really dumb, too. Overpaying for a brokerage firm that was going down. Could have picked up Merrill's pieces for next to nothing, too. How much longer with shareholders allow BAC management to remain in charge?
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All the BAC mistakes are coming home. Buying that dog Countrywide was stupid. BAC could have just waited and picked up the loan servicing dept. for next to nothing. But, no. They paying $50B for Merrill Lynch. Now that was really dumb, too. Overpaying for a brokerage firm that was going down. Could have picked up Merrill's pieces for next to nothing, too. How much longer with shareholders allow BAC management to remain in charge?
Jan 15 12:42 pm
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All Comments by kurt walter »Bank of America May Have to Cut Dividend [View article]