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WHAT ARE THE BEST HEDGE FUNDS BUYING?
pragcap.com — It’s 13-f season and many of the largest and best hedge funds are out with their holdings for the quarter ending September 30, 2009 ( see the 50 most powerful hedge funds here ). Although many of these positions may have changed since the filing ... (more) WHAT ARE THE BEST HEDGE FUNDS BUYING?
Big Bullish Options Bet in B of A (BAC)
vsinvestor.com — Bank of America Corp. (NYSE: BAC) has seen an absolute massive butterfly call spread for January 2011 as 50,000 January $20 and $40 calls are bought for $1.94, and 100,000 $30 calls are sold at $0.37, so a $1.20 debit, expecting shares to nearly ... (more) Big Bullish Options Bet in B of A (BAC)

Bank of America Latest Blog Posts

Ken Lewis says he could stay on as CEO indefinitely
12 hours ago at BloggingStocks
Unusual Friday Options Activity (AAPL, GOOG, BAC, LEAP, PCS, DRYS, YHOO)
247wallst.com — We have seen some unusual options trading today. As you would expect, some is around today’s 4:00 PM close with today being options expiration date. But some bets are way out into 2011 and we have some around merger rumors. All have links ... (more) Unusual Friday Options Activity (AAPL, GOOG, BAC, LEAP, ...
Chip Stock Ratings Chopped at Bank of America
Chip Stock Ratings Chopped at Bank of America
blog.ockhamresearch.com — As the market turned decisively negative on Thursday morning, no sector was hit heavier that the semiconductor industry.  An analyst at Bank of America Merrill Lynch ( BAC ) downgraded the entire sector’s outlook from “positive” to “negative” and also ... (more) Chip Stock Ratings Chopped at Bank of America
Paulson Gives 3rd-Quarter Investor Update
Paulson Gives 3rd-Quarter Investor Update
dealbook.blogs.nytimes.com — John Paulson, the hedge fund manager who gained fame betting on the mortgage crisis, sees big opportunities to wager on price discrepancies in banking stocks, according to his most recent letter to investors. (more) Paulson Gives 3rd-Quarter Investor Update
BofA Plaintiffs Granted Access to Documents Provided to Congress
BofA Plaintiffs Granted Access to Documents Provided to Congress
securitiesdocket.com — U.S. Judge Denny Chin (SDNY) has granted a motion filed by plaintiffs in the securities class action against Bank of America to partially lift the discovery stay in the case. The court’s ruling will provide the plaintiffs with access to documents BofA has already provided to Congress ... (more) BofA Plaintiffs Granted Access to Documents Provided to ...
Mortgage Delinquencies Still Rising
hf-implode.com — " Mortgage delinquencies are the first step in a house eventually going into foreclosure, so look for those to start heading up again. Foreclosures have been held down by trial modifications under the HEMP program, but very few of those have gotten to the stage of being final modifications. And ... (more) Mortgage Delinquencies Still Rising
Paulson Bets BofA Will Almost Double by End of 2011 (Update2)
Paulson Bets BofA Will Almost Double by End of 2011 (Update2)
bloomberg.com — Nov. 18 (Bloomberg) -- Paulson & Co., the hedge fund firm run by billionaire John Paulson , told investors Bank of America Corp. ’s stock will almost double in the next two years as writedowns ease. Bank of America, ranked first by assets and ... (more) Paulson Bets BofA Will Almost Double by End of 2011 ...
At Hearing, Questions about BofA C.E.O. Candidate
At Hearing, Questions about BofA C.E.O. Candidate
dealbook.blogs.nytimes.com — Bank of America representatives were asked about who would succeed Kenneth D. Lewis as the firm's next chief executive at a House Oversight Committee hearing on Tuesday, with one legislator skeptical about the prospects of one candidate, Brian Moynihan. (more) At Hearing, Questions about BofA C.E.O. Candidate
Today’s Best Market Rumors  (11/18/2009) (MCD)(BAC)
Today’s Best Market Rumors (11/18/2009) (MCD)(BAC)
247wallst.com — Updated throughout the day. Carl Icahn is aggressively buying shares in MGM (HollyWood Daily) Apollo Management may try to list on the NYSE. (FT) Paulson & Co. believe that Bank of America (NYSE:BAC) will double by the end of 2011. Oil prices at ... (more) Today’s Best Market Rumors (11/18/2009) (MCD)(BAC)
Meredith Whitney: Turns Bearish
Meredith Whitney: Turns Bearish
cnbc.com — Meredith Whitney is making headlines: She has not been this bearish in a year! Whitney was the first to call the bubble in financial stocks. And then she predicted the stock market rally. But now Whitney is starting to turn negative again. Whitney ... (more) Meredith Whitney: Turns Bearish
Bank of America Hits Pay Snag in CEO Hunt
online.wsj.com — Bank of America Corp. directors are hitting a new hurdle as they hunt for the giant bank's next CEO: Obama administration pay czar Kenneth Feinberg. William Demchak, senior vice chairman at PNC Financial Services Group Inc., spurned a feeler last ... (more) Bank of America Hits Pay Snag in CEO Hunt
The Big Gov’t Mortgage Mod Program: The Latest Numbers
onthehillblog.blogspot.com — The administration’s $75 billion mortgage modification program is meant to help 3 million to 4 million homeowners avoid foreclosures. The latest data, out Tuesday, shows mortgage servicers are making some progress toward this goal, but big questions remain about how effective the program will be. (more) The Big Gov’t Mortgage Mod Program: The Latest Numbers
Paulson Puts Money on Citi, Ditching Goldman
Paulson Puts Money on Citi, Ditching Goldman
dealbook.blogs.nytimes.com — John Paulson, the hedge fund manager, has continued to build his stake in Citigroup, while jettisoning his investment in Goldman Sachs. (more) Paulson Puts Money on Citi, Ditching Goldman
Stocks Overvalued, Recession Will Return: Meredith Whitney
Stocks Overvalued, Recession Will Return: Meredith Whitney
cnbc.com — Stocks are overvalued and the US economy is likely to fall back into a recession next year, well-known analyst Meredith Whitney told CNBC. "I haven't been this bearish in a year," she said in a live interview. "I look at the board and every single ... (more) Stocks Overvalued, Recession Will Return: Meredith Whitney
Paulson Takes Huge Stake In Citigoup.
Paulson Takes Huge Stake In Citigoup.
247wallst.com — John Paulson is rather notorious, and wealthy, for how much he picked up by shorting financial stocks on the way down. But the financial world found out in August that the Paulson & Co. vehicle had bought up many key financial and banking ... (more) Paulson Takes Huge Stake In Citigoup.
BofA Lends $96bn of First Mortgages in Q309
hf-implode.com — " BofA’s $759bn in new credit extended is equal to nearly $17 for every $1 of the $45bn of Troubled Asset Relief Program (TARP) funds it received from the federal government. By November 16, Bank of America will pay more than $2.5bn in dividend payments to the US Treasury Department." (more) BofA Lends $96bn of First Mortgages in Q309
Today’s Best Market Rumors  (11/13/2009) (INTC)(AMD)
Today’s Best Market Rumors (11/13/2009) (INTC)(AMD)
247wallst.com — Updated throughout the day. Former Goldman Sachs (NYSE:GS) CEO and New Jersey governor Jon Corzine said he has not talked to Bank of America (NYSE:BAC) about running the firm. (The Deal) Some former bank CEOs are considering bidding for failed banks ... (more) Today’s Best Market Rumors (11/13/2009) (INTC)(AMD)
Government investigators examine new evidence regarding Bank of America and Merrill Lynch merger
nypost.com — Investigators are poring over fresh evidence they say suggests Bank of America strong-armed Uncle Sam into ponying up billions in taxpayer support, using as leverage the threat of nixing its merger with Merrill Lynch. Government officials say the ... (more) Government investigators examine new evidence regarding ...
Struggle to find successor for Lewis at BofA
ft.com — Published: November 12 2009 01:03 | Last updated: November 12 2009 01:03 Bank of America might not meet the goal of naming a chief executive by Thanksgiving, reflecting a process that has been hobbled by the lack of a clear frontrunner and concerns ... (more) Struggle to find successor for Lewis at BofA
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