Chris Whalen, a founder of Institutional Risk Analytics, estimates that Bank of America (Ticker: BAC) has potential liabilities of more than $100bn and so should seek bankruptcy protection. Meredith Whitney, the famed analyst who predicted that...
How much capital does Bank of America (Ticker: BAC) need? That question continues to haunt ML, despite Buffett's injection of $5bn in preferred shares (which doesn't count in capital under Basel III). ML FAs might welcome the spinoff despite the...
File this one as a "fun fact to know and tell." Or perhaps it indicates a mispricing in the equity market. Is Apple (Ticker: AAPL) really that profitable? Can it be that good? Apparently yes. Read on for more from ZeroHedge. ...
