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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (375752)	10/6/2008 5:56:33 PM
From: Trumptown	1 Recommendation Read Replies (1) \| Respond to of 436258

everyone gonna want some a dat funny money...they'll be comin out of the wood work...lol, early earnings...don't wanna stand in line too long...might miss the easy money...what a freakin joke -ng ______________________ biz.yahoo.com AP Bank of America reports profit drop, capital raise Monday October 6, 5:11 pm ET By Madlen Read, AP Business Writer Bank of America profits fall 68 pct; Will raise cash by selling stock, cutting dividend NEW YORK (AP) -- Bank of America Corp. on Monday reported its third-quarter results earlier than planned, revealing a 68 percent profit drop and plans to boost capital by selling stock and halving its dividend. ADVERTISEMENT Like most other major financial institutions, Bank of America has been hit by significant losses in mortgages, credit cards and other souring debt. Profit fell to $1.18 billion, or 15 cents per share, for the July-to-September period from $3.7 billion, or 82 cents per share, in the same period last year. That was much lower than analysts' estimates of 62 cents per share, according to Thomson Financial.