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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (34359)	5/6/2009 12:08:06 AM
From: Spekulatius	Read Replies (1) of 78748

BAC - This stress testing get's more interesting than many believed. I guess we will soon find out exactly how TARP3 looks like since BAC is already on TARP2 level. I'd say lot's of conversion of preferred into common at 6.3$ (the price Geithner fixed) and a new CEO should be part of the package too. BofA Needs $35 Billion Jolt online.wsj.com WFC will need to raise a bunch or green as well. The only banks home free are JPM and BK, IMO.

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