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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (43403)	7/18/2011 10:54:50 PM
From: Spekulatius	Read Replies (1) of 78648

re Linda Green /robosigner. This does not sound like it's a BofA problem alone since several banks are involved. Apparently the arduous task of checking and signing foreclosures notices has been outsourced to the lowest bidder. Back to valuation, BofA practically already pre-announced earnings (pre- settlement numbers) already when they issued a press release regarding the mortgage warranty deal (P14): phx.corporate-ir.net Based on 10B shares their earnings are in between 32 and 37c/share (post tax).

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