Wednesday 24 August 2011

Can Bank of America (BAC) do to 2011, what Lehman Brothers did to 2008 !!!

Can Bank of America (BAC) do to 2011, what Lehman Brothers did to 2008 !!!

  • BAC company executives spending more time with Media, Just at Lehman did...
  • BAC claiming "tangible" book value at $12, yet stock trades at $7....seemingly cheap yet expensive
  • Frequent rumors of capital raising...Just the way Lehman had....
  • Rumors of BAC taken over by JPM...Just the way Lehman had....
  • Large enough to shake Financial Mkts...Just the way Lehman was....
BAC CDS

BAC CDS

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