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Non-Tech : Bank of America -- Ignore unavailable to you. Want to Upgrade?


To: Riskmgmt who wrote (6)4/15/2008 10:56:07 PM
From: Kip S  Read Replies (1) | Respond to of 4366
 
Riskmgnt,

Yeah, I didn't necessarily mean today or tomorrow, but around this time generally. My biggest concern is whether writedowns or related problems lead to a dividend reduction. If that is going to occur, I would want to wait until after any cut is announced. Of course, I know we don't know. We'll see if anything comes out Monday. Wachovia said repeatedly this year that it was not going to cut its dividend, then, whoops, there goes 41%. I think I have a bit more respect for BAC's management. Wachovia really blew it with their purchase of World Savings.

Kip