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Bank of American Downgraded
Snip < A Citi analyst on Tuesday lowered his investment rating on Bank of America Corp. after a recent rise in the company's share price, saying he believes other analysts are too optimistic in predicting profit growth over the next two years.
http://news.yahoo.com/bank-america-downgraded-160115722.html
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Bank of American Downgraded (Original Post)
sarcasmo
Feb 2012
OP
Glad I got my mom to move her money from BofA to local credit union. whew. ~nt
99th_Monkey
Feb 2012
#9
marmar
(77,077 posts)1. There's no honor among thieves.
nt
olddad56
(5,732 posts)2. downgraded from what? Downgraded from a bank to an organized crime family?
prismpalette
(38 posts)8. such a fitting comment...roflmao
irisblue
(32,968 posts)3. BWAHAHAHAHA!
hey BOA....you sooo deserve it. thieves!
snappyturtle
(14,656 posts)4. Good can't be downgraded enough for me.
In 2007 the interest on a BOA credit card my husband and I had
jumped outrageously due to the fact, as a snotty rep to me, we
had had the audacity to buy a home in 2006. This, even though
another 'thief', Wells Fargo, had found us credity worthy of the
mortgage. We had never missed or been late with a payment, so
they "downgraded" US and then slapped on a higher, much
higher, interest rate.
dixiegrrrrl
(60,010 posts)5. Current stock is showing the effects of the downgrade
52wk Range: 4.92 - 14.9
Now at 7.94 and falling.
Johnson20
(315 posts)6. As will public, private and union retirement plans.n/t
olddad56
(5,732 posts)7. Goldman Sachs probably shorted it yesterday and will load up at the bottom.
99th_Monkey
(19,326 posts)9. Glad I got my mom to move her money from BofA to local credit union. whew. ~nt
sarcasmo
(23,968 posts)10. Good move on your part.