Do I deserve extra points?

yvonne-matthews_60a6960b14873yvonne-matthews_60a6960b14873
in Business & Finance

http://answers.yahoo.com/question/index;_ylt=Av73q...

Calling down 5% when the market in fact goes down 4.8% is pretty good I think. You should all just listen to me more...

Update:

Edit: There is no question that the acquisition of Merrill was rammed down the throats of BAC shareholders. There is also no question that the govt doesn't feel any obligations to BAC because of that. The bailout bill for BAC is going to be $250B when it blows up. Who wants to pay that? Anyway, a BAC bailout would kill the common for sure. No more Mr Niceguy for equity risk takers.

Comments

  • anonymousanonymous

    BAC is not going to go to zero because they are in cahoots with the Treasury and the Fed after the whole Merrill Lynch thing with Paulson (http://articles.businessinsider.com/2009-04-23/wal... gov would be willing to bail BoA out....right? hmmm

    Nice guess though, 10 points.

    No.

  • zman492zman492

    You deserve a lot of credit for a lot af great answers, but I don't give you a lot of credit for one good market prediction. You do, however, deserve bragging rights and three attaboys.

  • go-with-the-flowgo-with-the-flow

    Voted as best.

    Now... tell me where Bank of America stock is going in the next year.

    I'm a fool for holding on to this dead beat.

  • anonymousanonymous

    i don't really care

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