BOA’s Lewis: We Can Take the Stress

This report focuses on a Bloomberg q&a between Bank of America president/CEO Ken Lewis and Bloomberg’s Margaret Popper. Lewis asserts BOA will generate $100 billion in revenue this year, and that Merrill and Countrywide will be overachievers in the portfolio.

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Comments

One Response to “BOA’s Lewis: We Can Take the Stress”

  1. JOHN R.WARD on March 1st, 2009 2:20 pm

    I HAVE BEEN INVESTING FOR OVER THIRTY YEARS IN
    REAL ESTATE & THE STOCK MARKIT.
    THE BIG REASON PEOPLE LOSE MONEY IS THEY FOOL
    THEMSELVES. THEY THINK HOUSEING IS GOING TO RECOVER IN ONE OR TWO YEARS. IT IS NOT’ (1) THERE
    IS NO JOBS TO SUPORT THESE HIGH HOUSEING PRICES.(2) PORPERTY TAXES ARE GOING TO HAVE TO GO HIGHER
    MUCH HIGHER. ALL THE STATES ARE BROKE (3) IT TOOK
    TWO TERMS FOR THE HOUSEING TO RECOVER IN THE GREAT
    DEPRESSION. IT TOOK TWO TERMS FOR HOUSEING TO
    RECOVER WITH BILL CLINTON. IT LOOKS LIKE THIS IS
    A ONE TERM PRESIDENT

    THAT IS MY OPINION

    JOHN R. WARD

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