economicdiscourse.com - 2/5/2009
—
Bank of America broke the critical $5/per share level today on renewed concerns about their financial stability. The markets are fearing the worst, and as the ship begins to sink, new information on the politics of the merger are beginning to bubble up. Bank of America is essentially declaring ...
Bank of America Threatens Fed, Demands More Cash From Taxpayers
globaleconomicanalysis.blogspot.com 1/16/2009 — Bank of America fell a whopping 18.43% today, hitting a new 52 week intraday low of $7.35 on concerns it is not going to easily be able to digest the merger with Merrill Lynch. I suggest Bank of America has easily bitten off more than it can chew and ...
No, Wait! You Got It Backwards!
baselinescenario.com 2/26/2009 — There is nothing inherently wrong with convertible preferred stock. In Silicon Valley, for example, venture capitalists almost always invest by buying convertible preferred. The idea is that in the case of a bad outcome, the VCs are protected, because their shares have priority over the common ...
Ken Lewis, the Master Government Negotiator
dealbook.blogs.nytimes.com 5/15/2009 — Bank of America's Kenneth Lewis has made some questionable private deals, but he is a master at negotiating with the government and leveraging a weak hand to cover his missteps, The Deal Professor says.
In Bank of America Mess, Whither Wachtell?
dealbook.blogs.nytimes.com 10/16/2009 — Deal Professors Steven Davidoff and Peter Henning mull over the potential dilemma facing Wachtell, Lipton, Rosen & Katz after Bank of America agreed to waive its attorney-client privilege for documents related to its Merrill Lynch deal.
Bank of America: Growth Takes a Back Seat
blog.ockhamresearch.com 5/12/2009 — Bank of America ( BAC ) has undoubtedly been one of the most active stocks in the market over the last couple of weeks. Last week alone, the bank’s stock was up more than 60% after results of the stress tests revealed that the bank will need to raise as much as $34 billion. It was ...
Opportunities in Bank Bonds, Part 2
alephblog.com 3/12/2009 —
Thinking about Citigroup and Bank of America — Given to Fincorp Clients 3/4/09
When the government gets involved in business, the rules of the game change. Creditworthiness becomes less of an “analyze the metrics” affair, and more of a “how strong of a guarantee” affair. ...
The S.E.C. and BofA: What's Next?
dealbook.blogs.nytimes.com 9/25/2009 — What's next for Bank of America and the S.E.C., now that a judge has rejected their settlement? Peter J. Henning, a professor at Wayne State Law School, considers the possibilities.
And the Banker of the Year Award Goes to …
dealbook.blogs.nytimes.com 10/27/2008 — Over the past year, JPMorgan Chase’s James Dimon has garnered wide acclaim as a modern-day J. P. Morgan of sorts, swooping in to rescue ailing banks at the government’s behest.
But the tuxedo-clad man whom American Banker will present with ...
Bank of America to Receive Additional $20 Billion
nytimes.com 1/16/2009 — Kenneth D. Lewis gambled on bold acquisitions to build Bank of America into the nation’s largest bank. But the need for fresh government support to grapple with the newly revealed losses at Merrill Lynch , the brokerage firm he snapped up in a ...
Bank of America (BAC) Cuts Dividend By 50%
dividends4life.com 10/10/2008 — When I saw the announcement that Bank of America (BAC) would acquire Merrill Lynch, I was concerned about the combined company's ability to sustain its dividend. Unfortunately, my concerns were validated with an after the market announcement that ...
Follow WallStreetBlips on Twitter
