Bank of America Corp (BAC)

[The Pup]

Referring to the Feds as "useless" is enhancing their level of importance.LOL. Simply a reactionary group of "consultants" as any REAL exec will advise.
We like BAC at present, and see some serious changes forthcoming per a bevy of those in congress, both House and Senate. Glass-Steagell of 1933 is to be reintroduced, but heavily tweaked within congress, and same-same for Dodd-Frank, which could be totally repealed.The prior will almost mandate a break up of big banks so they can return to revenue producing entities whereas the removal of Dodd-Frank will ALLOW banks to once again produce large amounts of revenue to boost their earnings and the U.S. Economy. Either or will be good for this sector. We hold a very large BAC core position and will remain here ad infinitum'.