Wow what a wonderful opinion piece. Did anyone notice the complete lack of factual data to back up Mr. Shulman's assessment of Bank of America? The stock has been absolutely battered nearly to death over the past year, but trust me, it'll be worth at least quadruple what it is now by end of year. If you bought it when it was high, it stinks to look at your portfolio now but hang on & watch. If you didn't own it before, start buying fast! Remember 3 weeks ago it was $2.51. It is over double that now & approaching triple. Don't you wish you stuck $50k into in in February?

i disagree with Mr. Shulman's i thik he is a short , merril lynch is still a very goos co yes bac over paid fot it and also countrywide will be just fine.this stock will be $15 in 6 to nine months.

Bank of America is one of the strongest institutions around. The fact is that Countrywide and Merrill Lynch were purchased during the recession. These purchases will prove to be a great investment for Bank of America. I agree with the assessment that the value of the stock is going to shoot up.

This blog is recycled old news that is being spread for the to
deman last week's rally. It has been dealt with appropriately in
stories by real journalists, not armchair bloggers.
As Mad Money's Jim Cramer stated on Friday the 13th (in which he
beat the above blogger to the punch and called out what nay-sayers
would do before he did it), that is, watch for the Hedge Fund
managers to demean the rally and the rise of Bank of America and
Citicorp. This week's rally works against Hedge Fund managers. They
have no choice but to speak negatively since its rally cuts into their
profiting.
For other journalists on this subject, read Friday's commentary
by Scot Rutt's in "The Street . com". He wrote on Cramer's remarks
and the rally. [As a complete side note, notice that this same blogger attacked both Citicorp and Bank of America, just as Jim Cramer predicted. Just click his highlighted name and you will see his Citicorp blog too. Notice also the similarity conspiracy theory, "ward of the state" and "government is the largest shareholder " for Citicorp.]

Sorry old fart, you are a short seller who would sell his own children to make a buck! You make statements without any proven data - anyone can do that, except fpr intelligent people who wouls not make themselves look as uninformed and stupid as you.