w**j
发帖数: 1032 | 1 Bank of America will let the courts sort the mortgage matters out
Bank of America Corp. (NYSE:BAC), the US’ largest lender by assets, said it
can meet capital goals without selling common stock and said it had
expected some of the recent “Noise” in mortgage-related legal actions.
“There are many non-dilutive ways for us to get there,” Chief Financial
Officer Bruce Thompson said Friday, referring to the firm’s regulatory
capital standards. Mr. Thompson commented in an internal memo to employees
of the North Carolina- based lender.
“We have made tremendous progress in resolving mortgage related legal
claims,” Mr. Thompson said, adding that the bank is being sued now because
in many cases, the statutes of limitations have been running out. “Now we
have to simply let the judicial process work.”
Bank of America was the biggest decliner in the KBW Bank Index today,
dropping 0.59 (7.4%) to 7.42 as of 3.42 pm in NYSE trading.
Paul A. Ebeling, Jnr. | k******7
发帖数: 409 | 2 that would be nice
it
because
【在 w**j 的大作中提到】
: Bank of America will let the courts sort the mortgage matters out
: Bank of America Corp. (NYSE:BAC), the US’ largest lender by assets, said it
: can meet capital goals without selling common stock and said it had
: expected some of the recent “Noise” in mortgage-related legal actions.
: “There are many non-dilutive ways for us to get there,” Chief Financial
: Officer Bruce Thompson said Friday, referring to the firm’s regulatory
: capital standards. Mr. Thompson commented in an internal memo to employees
: of the North Carolina- based lender.
: “We have made tremendous progress in resolving mortgage related legal
: claims,” Mr. Thompson said, adding that the bank is being sued now because
| m*****i
发帖数: 4342 | 3 What a joke!
What about 700 million shares warrent to buffet at $7/share. No different
then a dilution.
it
because
【在 w**j 的大作中提到】
: Bank of America will let the courts sort the mortgage matters out
: Bank of America Corp. (NYSE:BAC), the US’ largest lender by assets, said it
: can meet capital goals without selling common stock and said it had
: expected some of the recent “Noise” in mortgage-related legal actions.
: “There are many non-dilutive ways for us to get there,” Chief Financial
: Officer Bruce Thompson said Friday, referring to the firm’s regulatory
: capital standards. Mr. Thompson commented in an internal memo to employees
: of the North Carolina- based lender.
: “We have made tremendous progress in resolving mortgage related legal
: claims,” Mr. Thompson said, adding that the bank is being sued now because
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