Bank of America Corp (BAC)

[WID]

IRA RELEASES Q4 BANK STRESS RATINGS FOR ALL US BANKS

BAC: With the second highest stress level in the top four after C, BAC is in the unenviable position of being number two on our list of banks likely to be resolved during 2009. While the lead unit has a Stress Index score of 1.4, the score for FIA Card Services (FKA MBIA) at 4.0 drags up the stress score for the aggregate BAC bank rollup. Only time will tell whether the accumulated financial and legal issues due to the Countrywide and Merrill transactions force BAC to go back to the government for more capital.

See link below:

http://www.institutionalriskanalytics.com/media/news_030109.pdf