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Bank of America Corporation Message Board

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  • windeemere windeemere Feb 3, 2009 4:44 PM Flag

    BAC Fundamentals

    BAC is really not the company I would invest in current conditions. It is loosing quarterly in tens of billions which is more than it's current valuation. In other words, it is bankrupt.. only thing it is saving is it's big size. It's so big that govt will not allow it to fail.. but there is a good possibility that all stock holders may get wiped out in the process and govt will take over this bank. !!

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