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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (44078)8/25/2011 7:39:58 PM
From: Madharry1 Recommendation  Read Replies (1) | Respond to of 78481
 
might be talking to myself but upon furthur reflection of this berkshire/Bac deal, I dont see how this is possibly in the best interest of shareholderS. If Im a BAC common stock owner, I absolutely pissed about this. considering they said they dont need to raise equity and can borrow from the fed at under 1% why on earth would they dillute existing shareholders and increase their costs of borrowing? I would absolutely stay away from BAC after this.