Stress Test Leak: BAC Needs $34 Billion In Capital

Yep must be priced in futures already bouncing

 

Remember the news on Monday that Wells Fargo would need to raise $24 billion? Well the stock shot up almost 30% on that news.

 

Nice. That's how things work don't they. Until the last short is in the grave. Then manipulate the other way.

As long as GS makes 300 billion for the year eveything will be fine.

 

Futures are already retracing their move down. By morning they will probably be green or really close to it.

 

Wells fargo was up because buffet stroked it all weekend.

 

Wells fargo was up because buffet stroked it all weekend.

 

Wells fargo was up because buffet stroked it all weekend.

 

Is there an echo in here?

 

Nice that Buffett can stroke it three times at his age.

 

What the hell is going on, everyday and something new about either they need more capital or they need little capital or they need no capital.


Of course tomorrow we will open lower and skyrocket higher after everyone realizes $34 billion is better than $75 billion or $200 billion, again this is just one big fu$king JOKE!!!! Thats all it is.