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Message: What Problems? the nation’s second largest bank is teetering close to bankruptcy

http://www.forbes.com/sites/halahtouryalai/2011/11/22/what-problems-bank-of-america-is-fine-bove-says/

Says Mark Williams, a former Federal Reserve Bank examiner who teaches finance at the Boston University School of Management,“Bank of America is in serious trouble. At a stock price of about $5 and falling, the nation’s second largest bank is teetering close to bankruptcy. Global turmoil, a second U.S. recession and a further decline in housing prices and rising defaults would be the final nail in BofA’s coffin.”

In Your Face Warren!

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