InvestorsHub Logo
Followers 2
Posts 462
Boards Moderated 0
Alias Born 02/11/2006

Re: None

Monday, 02/23/2009 8:08:52 AM

Monday, February 23, 2009 8:08:52 AM

Post# of 22505
LIKE BAC, the Royal Bank of Scotland is (or was, hard to rank banks at the present) in the world's top ten. It is at present
in a part nationalized state. However, it still trades, and today the price is recovering.

Shareholders, like BAC's, have lost much in the price fall, but they are still in there.

As I posted earlier, there is now talk (I said TALK) of it soon being returned to full private sector status.

Something like this could happen with BAC, as I do not think they would risk the damage that fully nationalizing a company of the stature, and with the name Bank of America would do.

The Iranians and Koreans, even Russians, plus a few others would make a great media meal out of that. It would also hit more than US banks in the 'western alliance'.

However, you can never tell what these jokers in the White House
will do. They do many things not in the US's interests.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BAC News