Replies to post #16821 on Options Wonderland

[3xBuBu]

bad news keep coming almost every week, don't see any end of it yet
Bank of America may write down $6.5 billion
NEW YORK (MarketWatch) -- Bank of America Corp. could tally a $6.5 billion provision in the first quarter to cover potential losses in its home equity and mortgage portfolios, Punk Ziegel and Co. analyst Richard Bove was quoted as saying by the Bloomberg news agency.
http://www.marketwatch.com/news/story/analyst-bove-tips-65-billion/story.aspx?guid={6042CBBB-0500-4853-A4D4-ABBD3FF8329E}&siteid=yahoomy