How does that help them become more profitable. The deb, your right, with a "0" interst, why pay it. But value, no matter how many shares is what they have to work to do to apease the Top shareholders.
Maybe your closer to it then I and I am mistaken. But the other banks all ran up, but didnt pay their debt. i am sure they have increased value and their money so that they can now pay it off. I just dont get why BAC would pay a bunch sooner than everyone else, then pay no more...
I think because they took on way more toxic financing via mortgages they took the much bigger hit. But when its done and going more forward. they wil land should be great.
But any closer information of exactly how they do what you are saying, or a good example would be cool...