Chris Whalen Said BofA (BAC) Should File Bankruptcy
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Chris Whalen of Institutional Risk Analytics is saying Bank of America (NYSE: BAC) should file Chapter 11 bankruptcy on Bloomberg. Whalen believes the bank will not be able to service the litigation claims against it.
The comments are doing little to impact the stock. Shares are actually up another 2.4 percent this morning.
The comments are doing little to impact the stock. Shares are actually up another 2.4 percent this morning.
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