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

To: Qualified Opinion who wrote (3617)	3/21/2012 11:02:14 PM
From: Qualified Opinion	Respond to of 4366

1) Countrywide Financial should have been placed into bankruptcy a couple of years ago by the current liberal CEO and BOD. It would probably have prevented the major dilution which occurred. 2) Per reported information, prior CEO and BOD withheld material information from the legacy shareholders who voted on the acquisition of ML. If the withheld information was timely disclosed, the proxy vote would probably have terminated the acquisition of ML and prevented the crash of BAC. BofA did not have the capital to buy ML with ML's huge capital hole. IMPO, the proxy on the acquisition was misleading due to its cutoff. Short term traders don't want to hear it. I expect more dilution for the shorter term holders.