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cchamb2

cchamb2
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  • 5 Factors That Differentiate Bank Of America From Other Banks Of America [View article]
    BofA took $45B (as in $45,000,000,000, BILLION) in taxpayer money over it's mortgage gambling unit (especially Countrywide, whom it acquired *after* Countrywide posted all those losses over all those subprime mortgages) and rewarded the American public by shipping 35,000 jobs for those oh-so-precious business customers offshore. http://tinyurl.com/874...

    You bet their stock will rise. Do we want it to?
    Feb 18, 2013. 07:20 AM | 1 Like Like |Link to Comment
  • 5 Factors That Differentiate Bank Of America From Other Banks Of America [View article]
    Yes, BofA is dishonest and sleazy. They issue mortgages to illegal immigrants, they took $45B in taxpayer bailout money, and after the taxpayer bailed them out they went on a hiring spree - overseas - and gave pink slips to 35,000+ Americans.

    They also lost a major class action lawsuit brought against their consumer accounting practices (Lawson v. BofA), so unless the bottom line is the only ethical objective, they need to just go away.
    Feb 17, 2013. 08:39 AM | 1 Like Like |Link to Comment
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