I heard an analyst talk recently about breaking up the big banks.. not sure if it was Bove. Anyway, he said that since the banks are so undervalued, the pieces would sell for much more than the whole. We wouldn't have to wait for market forces to take BAC higher. It would be like a buyout, sort of. But I doubt it happens.
Not gonna happen not just because it's a stupid dangerous move. it's just political noise that's all. The crises was due to politics pushing the avg joe to take loans he couldn't afford to begin with and pressuring the banks to loan it.