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The Bank of New York Mellon Corporation Message Board

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  • bobbibedahlia bobbibedahlia Feb 10, 2009 4:42 PM Flag

    BK starting to look a lot like BAC imo

    Yeah maybe they can but one thing is certain >Bac has has 0ver 600B in debt and 300b in cash
    Bk could: and get this, buy back all its debt and all Its common and still have money left over 57B cash 23 billion debt.Market cap aint but 29 billion .do the math.Very few banks can pay off all their debt buy back all their stock with just their cash position. Its little wonder thatBK was selected to distrubute the Tarp. Are you on christ or crack?

 
BK
38.61-0.33(-0.85%)Sep 29 4:00 PMEDT

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