The Compelling Case for Bank of America

Bank of America is probably one of the most hated and reviled corporations in America right now. They are the poster boy for just about everything that’s wrong with the American financial system – from corporate greed, TBTF banks, excessive compensation etc. However, with all the emotions involved, it is important for us to take a step back and examine whether the relentless pressure on BAC is truly deserved.

Market Capitalization of BAC – Has it really lost 2/3 of its value in a year?

Here’s a disclaimer, if you’re going to consider in BAC, you should at least have a basic understanding of how the banking system works, and how banks in general generate their revenue. Furthermore, it’s important to at least have a grasp of the underlying failures of the financial system that eventually led to the subprime crisis, and an ......