Bank of America Corp (BAC)

[Goodtimes93]

As a former bac employee I can tell you how much of an burden Dodd/frank and the CFPB is. Given BACs ROE hurdles on capital investment and a lifting of regulatory risk they will deploy a ton of money that will now get a return. This is monies that are above and beyond BASEL. We still are not at book value. That will be the first leg. The next will be a better FCF and the multiple that comes with it (including your valid point on interest rates). GLTY