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Bank of America Corporation Message Board

  • monicasweetheartxxxx monicasweetheartxxxx Jan 20, 2009 10:31 PM Flag

    What is the government's stake in BAC

    Anyone know what the percent is? I do believe that this pos can not rise too much. Therefore everyone is selling. I do not believe this will fail either. Just not worth investing in. Any thoughts?

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    • better question is "what is govt's stake in" BAC
      BK C FITB JPM MI RF STI STT WFC and all the regionals who have had trouble asset relief funding. In fact, your best question would be "which bank has NOT received gov't funding." That's the million dollar question at this point! Looks like a beaten to pulp sector. This calls for --- Obamaman to the rescue... I would think agg bank would be an economically feasible backstop at this time, and with toxic assets gone, shiny pretty balance sheets on major banks who cah lend, etc. Light...I see light!

 
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14.68+0.21(+1.45%)May 24 4:00 PMEDT