One can only imagine how well BAC will do once we get rid of the "strangulation" of Dodd-Frank. Having read some of the 22,000 pages in conference we can advise about 2/3rds of the gibberish is absolutely worthless!! Yes, some has placed the sector in a high cash position, but now so much cash on hand but no place to put it! LOL. How's this: BAC has over $50.33 per share cash on hand. And that was PRIOR to the share buy back now in progress. Most all toxic assets now gone and cleverly used as write offs, so what's not to like.
GLTAL.
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