Here’s The Bomb That Might Blow A Hole In Bank Of America …

- Here’s The Bomb That Might Blow A Hole In Bank Of America… (Business Insider, Aug. 31, 2011): After watching its stock tank 50% this year while denying that it needed capital, Bank of America’s management has begun to acknowledge reality. The bank raised $5 billion by selling preferred stock and options to Warren Buffett—diluting [...] continue reading world news