So why is BAC trading like Bear Stearns and Lehman Brothers' final days?

Discussion in 'Stocks' started by bond_trad3r, Aug 22, 2011.

  1. Seriously LoL. Fed will probably buy this one too so why not go long.
     
  2. Illum

    Illum

    Twice as toxic. Countrywide plus Mer, holy sh.T. They will break it apart. Shareholders get zip, bondholders get a haircut, taxpayers eat the crap. Trades again at 50 for Christmas. But right now... if you want money, better take it fast. This thing is trading worse than Leh, its trading like AIG. Leh they believed some of their b.s. Aig, not so much.