Bank of America Corp (BAC)

[Gixene]

KING_TRADER$, thank you for the valuable information. It would be great to have an accurate revenue factor for Bank of America's (BAC) hedging operations. Though it wouldn't surprise me that the percentile revenue would be that low. I think it stems from two points from just an opinion.

Point one: Brian Moynihan is a firm believer of scaling back on all operations, reducing risk and strengthening current assets while reducing liabilities. I believe he's working to make BAC more traditional and focusing on the consumer.

Point two: The current lawsuits we are taking on possibly prevents us from taking on the almost of risk that other banks are taking on.

Though what will happen if the Govt. passes this tomorrow? It will literally "pull the rug from under" these banks. I have heard that Goldman Sachs Group Inc (GS) is not much better off than the financial crises years ago (I haven't confirmed this personally). If the 50% revenue is correct. GS had $8,280,000,000 last quarter in revenue. That would bring quarterly revenue down $2,070,000,000 to $6,210,000,000. If my math is correct, that is quite a bit.

So for banks like Wells Fargo & Co. (WFC) and BAC, then these companies could out preform other banks. GS and others who heavily rely on hedging will be forced to find new revenue streams while still beating earnings estimates. If it gets ugly, investors could flock to other companies like WFC and BAC. Though this is just another factor in a shifting ground.

Good luck, Gulley