One of the country’s largest banks by assets and branches, Bank of America also provides credit cards, asset management, and other money-related services.
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Playing the banking spike here....one of three that I think will get the most benefit if the Feds/Timothy Geithner can come out with anything meaningful. Not the play I'd make long term with real money...the GE I bought last week and before market opened this morning are my "real play".....but Bank of America could benefit from a Good Bank/Bad Bank scenerio, or benefit long term if we can get more liquidity into the market by large credits to home buyers and reorganizing homeowner debt.