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Re: moores2009 post# 2348

Friday, 02/27/2009 12:10:49 PM

Friday, February 27, 2009 12:10:49 PM

Post# of 22505
would be surprised if the CEO of BAC has miscalculated the financial situation for the next quarter by an amount of 100 billion.

This would seal his fate immediately and probably would have more severe consequences for him then only losing his seat. He must be very confident with the interim numbers on his table when expressing such positive outlook.

Also surprisingly to me, almost no serious person has really challenged such positive outlook. At least, I don't hear a controversial discussion about Lewis' outlook. Isn't it amazing?

However, confidence was hurt massively with all the bad surprises in the sector. So, only the outcome of the stress test will make the difference.
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