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Bank Of America - Creating Capital? Posted on Jul 01, 2009 at 12:45 AM

I'm not happy with BOA right now!¿ I've talked with numerous people and everyone is telling me, BOA is reducing their credit limits while increasing their interest rates.¿ I recognize BOA didn't want to take government funding, so they got creative and decided to create their own capital.¿ Having been a former banker, back in 1998, I know that fee income (like late charges, NSF fees) go straight to their bottom line profits.¿¿I feel sorry for those people who can't afford BOA's new plan of action.¿ Isn't there a better way!¿

Anyone watching their stock trend?¿ I know you're not suppose to "get personal" when it comes to buying stock...but I have to with this one.¿ I'm not giving them any of my business!

Want to add anything to my comments?