Mortgage-Related Charges Dent Bank of America Profit

antisocial | Jan 17, 2013 07:20 AM ET The company posted fourth-quarter earnings excluding items of 3 cents per share, down from 15 cents a share in the year-earlier period. I SEE A 12% DROP FROM LAST YEAR SAME TIME EARNINGS. but wall street and CNBC know how to justify all failures...

mtnr | Jan 17, 2013 07:23 AM ET Drop in earnings from from 15 cents a yr earlier to 3 cents. Stock is up, makes sense to me

ckoffend | Jan 17, 2013 07:34 AM ET Wow, Antisocial your math sounds like you work for the government. Going from 15 to 3 is not a reduction of 12%. It is a reduction of 80%.

JedSamples | Jan 17, 2013 07:34 AM ET I wonder when the lawsuits and fines are going to stop? Maybe a better question is "will they ever stop"? Maybe a better question than those are "will it stop before BAC goes belly up?

We.are.being.played | Jan 17, 2013 07:34 AM ET And, to think until a few days ago the Consensus EPS estimate was 41 cents. I think they call it "just in time fix."

handballforlife | Jan 17, 2013 07:37 AM ET What`s going to happen when they have to pay back the monopoly money from the fed.....the banks are broke they just don`t want to own up to it.....they still owe the Feds 1.344 trillllllllllllllllllllllllllllllllllllllllllllllllon monopoly dollars Uncle Benny gave them to tide them over while they pumped the stock markets back up to 07 levels...wish we all had that same kind of help

handballforlife | Jan 17, 2013 07:38 AM ET The list of institutions that received the most money from the Federal Reserve can be found on page 131 of the GAO Audit and are as follows.. Citigroup: $2.5 trillion ($2,500,000,000,000) Morgan Stanley: $2.04 trillion ($2,040,000,000,000) Merrill Lynch: $1.949 trillion ($1,949,000,000,000) Bank of America: $1.344 trillion ($1,344,000,000,000) Barclays PLC (United Kingdom): $868 billion ($868,000,000,000) Bear Sterns: $853 billion ($853,000,000,000) Goldman Sachs: $814 billion ($814,000,000,000) Royal Bank of Scotland (UK): $541 billion ($541,000,000,000) JP Morgan Chase: $391 billion ($391,000,000,000) Deutsche Bank (Germany): $354 billion ($354,000,000,000) UBS (Switzerland): $287 billion ($287,000,000,000) Credit Suisse (Switzerland): $262 billion ($262

JedSamples | Jan 17, 2013 07:59 AM ET I smell a Brian coming out at any moment to refute your claims. He is in the toilet doing his early morning business but should be here within the hour to set you straight.






Start a Conversation - Add Comments

Your Comment: ( Please enter all fields and security code. )

Name:
Email:
Website:
Topic:
Comments:
 
Word Verification:
 

Latest Comments

Housing Market May Not Be as Healthy as It Appears - sidfeinberg | Feb 27, 2013 02:04 PM ET WTF does an Economist know? He`s some egghead in an office making 40k a year. Look at the articles the past few days. New home builds are up, pending sales up, ... - by Chicago75

Fastest growing boomtowns - Chad Ladwig1
March 29, 2013
− What`s common amoung these towns, low unempoyment rates, good incomes and far better than average economy. 16 1 Reply

HouseMD

regardless of tax rates - BooHootiehoo | Dec 11, 2012 04:37 PM ET He is trying to assure his seat in heaven by promising everyones money to the meek and poor

jamesbd | Dec 11, 2012 04:39 PM ET Can`t this media... - by jon4822

Mortgage Deduction Is Popular, but Few Claim It - Jay070 | Dec 5, 2012 11:36 AM ET In an honest country, there wouldn`t be tens of thousands of pages of tax code and a news media pretending most people benefit from it when they don`t.

... - by RYJ

Should I rely on rental property for retirement? - Adam Steinberger Mar 1, 2013 @sam Carpenter The above question is mine. I`m finding it very difficult to come out ahead with that much cash flow. I`m buying medium income houses (around 70-80,0... - by Busch245



Mortgage-Related Charges Dent Bank of America Profit

Real Estate Agent Directory

Are you looking for a real estate agent in your area? At housing news blog, you can search for your local realtor and real estate service by using our agent search features.

Real Estate Agent Directory

Get listed!

Are you a real estate agent? Get listed for free with us! Complete a real estate agent profile form and get listed in a few days. Click on the link below to get started!

Free agent profile!