Bank of America unrealized losses on held-to-maturity securities now exceed $130 billion. These loses dwarft the bank's $7.8 billion in quarterly earning and represent an existential threat to Bank of America.
they said its not a loss bc they don't plan to sell. Wait until their deposits want to withdraw their cash and then the snow avalanche like Silicon valley bank but just much bigger in scale
@@gotya2006 This is what they said about First Republic and Silicon Valley banks... Bear Sterns, and Lehman Brothers, ... etc., before their bankruptcies.
Bank of America ❤
Bank of America Stock is about the same price as it was 20 years ago.
Timing is everything. It wasn't cheap 20 years ago. Now, it is.
only beneficiaries are management, they took out billions from shareholders.
How much down is boa down on treasuries. 30 and 10 year
Don't bank with them they will charge you for legal order fees for no reason and refuse to refund the money back.
Yes he need to care of his customers that he keeps ignoring to give his funds to instead insist on ignoring his customers
Last USA company
Xrp!!!! November 19
Bank of America unrealized losses on held-to-maturity securities now exceed $130 billion.
These loses dwarft the bank's $7.8 billion in quarterly earning and represent an existential threat to Bank of America.
they said its not a loss bc they don't plan to sell. Wait until their deposits want to withdraw their cash and then the snow avalanche like Silicon valley bank but just much bigger in scale
They don't need to sell. It's just paper losses.
@@gotya2006 This is what they said about First Republic and Silicon Valley banks... Bear Sterns, and Lehman Brothers, ... etc., before their bankruptcies.
Oj Brazil/arabica bean's Vietnam
Bofas going bankrupt for naked shorts
Hes not looking good. Is it the 100 b in losses hes not talking about thats gonna bankrupt his company and lose his job?