Bank of America (BAC -3.3%) fires back with both barrels at Henry Blodget's belief that it could...

|About: Bank of America Corporation (BAC)|By:, SA News Editor

Bank of America (BAC -3.3%) fires back with both barrels at Henry Blodget's belief that it could need to fill in a capital hole as big as $200B: "Blodget is making 'exaggerated and unwarranted claims,' which is what the SEC stated publicly when he was permanently banned from the securities industry in 2003... sovereign exposure is off by a factor of 10."