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Sunday, 09/08/2013 7:29:57 PM

Sunday, September 08, 2013 7:29:57 PM

Post# of 22506
I like BAC's CEO Brian T. Moynihan! When I choose an investment, I don't look at the key people of that company. Though after doing a little bit of due diligence about Mr. Moynihan, I feel even more confident here with BAC. Mr. Moynihan went to law school and has experience in that field. This is a good thing, especially with the multiple on going legal battles. I believe Mr. Moynihan can use this to his advantage.The downside is that he doesn't have much experience being at the helm of such a large company. Looking at his track record, he did make his way to the top. This lessons the concern, which leads me to believe he earned it. I think Mr. Moynihan might be around for roughly 4 more years. In all respect Mr. Moynihan is getting old and I'm sure he's looking to retire soon. If he did choose to resign, I believe he would stay on the board. BAC is still a mess and is still has much more room from improvement. I respect Mr. Moynihan for cleaning-up this big mess that Ken Lewis and others made.
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