Half full — it’s launched an innovative new program to help homeowners with iffy loans.
Half empty — it has to slash its dividend and sell stock to raise cash.
As for PR, I would say half empty. The program will put but a small dent in the mountain of badly-written loans gone bad.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
October 07, 2008
Bank of America — glass half full or half empty?
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Bank of America
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