Bank of America's Latest Day From Hell

Bank of America Corporation (NYSE:BAC) decreased 13.83% to $7.04 According to report from Reuters, American International Group is suing Bank of America Corporation to recover more than $10 billion of losses from a massive fraud on mortgage debt.The largest bank in America now sells at less than half the amount of Wells Fargo the nation's fourth largest bank by assets despite BAC being twice the size. Lets also add in that Wells Fargo's price also makes absolutely no sense and should

Read more ...