Bank of America Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Bank of America

BAC 55.88

+1.1%

Dec 22 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sr K who wrote (3692)	7/18/2012 12:18:13 PM
From: TimF	of 4366

OK, then just change my the name in my post to Ken Lewis. I'm not a shareholder of BoA (except through mutual funds in my retirement account). I am a customer. I didn't know the current or the former CEO, I just looked in up. But for any CEO, political leanings really don't change the point that if you buy a company out (as opposed to buying its assets out of bankruptcy, but even here some liability can occur, say for example if you buy a toxic waste dump), then you normally assume its liabilities along with its assets. If it amounts to screwing the existing shareholders of the acquirer, then the CEO made a dumb move (or potentially acted under a conflict of interest, but I have no specific reason to think this is the case here to any significant degree), but "oops that was a mistake", doesn't remove the liabilities.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next