Be sure to vote!!! We don't need some crazy GOP to take over, the UK is a warning against complacency; now the UK has been hijacked by right wing, xenophobic, recast, white supremacists that are trying to push against globalization, I doubt this is good for the country, isolationism never is. I always envied my friends from the UK because their passport opened up so many opportunities for work around the world, now that will soon be gone because of right wing extremists. Let this be a warning to the US.
Everyone knows it is coming. The sooner it happens the better for the shareholders. Shareholders have about a 10 usd bump in holdings if we can get Moynihan out and and activist in. The FED will never let BAC do what it can, it must shrink to unlock the value.
Trump is a misogynistic, xenophobic, white supremacy raciest that would only magnify what that same idea has done to the UK. The scary thing about Trump are the 13 to 20 million Neanderthals that back him, hard to imagine the US can have such throwback #$%$.
BAC should start the process of breaking up rather than waiting. And a breakup is only good for shareholders, so all shareholders should push for this. Remember BAC will never be the bank it could be, the FED will never allow it with all the new and coming rules. tick, tick, tick,.... better to take action now.
Yes, BAC needs to break up. Once again I will say, this company is worth 20 to 24 USD broken up, that is FAST cash, and it is coming, it is just a matter of sooner or later. And sooner is much better for shareholders. I know Moynihan and the board will not do this willingly, it gets in their pocket, but it is best for shareholders. REMEMBER THE FED WILL NEVER ALLOW BAC TO MAKE THE MONEY IT CAN AT THE SIZE IT IS, it must break up to unlock value to the shareholders, and the economy for that matter; YES America will loose international banking to the Chinese, but that is the cost to comply with the FED and US government.