风险基金说了，bac file bankruptcy 可以活下来# Stock
j*l
1 楼
核心提示：
1.cut more than 40，000人；
2.cut at least 600个branchs；
3.sell 可能的手里股票；
4.分拆卖掉所属部门；
这些都不管用，最好是file bankruptcy 重组boa就可以对抗lawsuit，抗据creditor，
etc. lol， 但这样做，老板就换人了，看来，华尔街贼心不良，虎视眈眈想把boa弄到
手的人不少啊。
-----------------------------------------------------------
Whalen: BofA Will Survive But They Should File for Bankruptcy
Bank of America is doomed, says bank analyst Chris Whalen, the founder and
managing director of Institutional Risk Analytics.
Importantly, this dour outlook as nothing to do with the company's operating
businesses, which Whalen thinks are fine. In fact, says Whalen, there's no
need for the bank to be restructuring them and firing thousands of employees
to improve its bottom line.
The part of Bank of America that's not fine, in Whalen's view, is the
ongoing liability from the mortgage underwriting that Bank of America's
subsidiaries did during the housing bubble. The litigation exposure from
this could be so humongous, Whalen argues, that it will bankrupt the company
, forcing regulators to step in and restructure it.
And Whalen doesn't think the country should wait for that day.
Instead, Whalen says, the government should just seize Bank of America and
restructure its debt, equity, and legal obligations now. The company's
operating businesses--branches, commercial lending, wealth management, and
so forth--should continue operating, and the company could then be refloated
with a new ownership structure.
This would leave Bank of America clean, lean, and competitive--just like the
strengthened GM after the forced auto-company bankruptcy.
But in the meantime, none of this is under discussion. Instead, says Whalen,
Bank of America is rearranging chairs on the deck of the Titanic. And
firing thousands of people who don't need to be fired.
1.cut more than 40，000人；
2.cut at least 600个branchs；
3.sell 可能的手里股票；
4.分拆卖掉所属部门；
这些都不管用，最好是file bankruptcy 重组boa就可以对抗lawsuit，抗据creditor，
etc. lol， 但这样做，老板就换人了，看来，华尔街贼心不良，虎视眈眈想把boa弄到
手的人不少啊。
-----------------------------------------------------------
Whalen: BofA Will Survive But They Should File for Bankruptcy
Bank of America is doomed, says bank analyst Chris Whalen, the founder and
managing director of Institutional Risk Analytics.
Importantly, this dour outlook as nothing to do with the company's operating
businesses, which Whalen thinks are fine. In fact, says Whalen, there's no
need for the bank to be restructuring them and firing thousands of employees
to improve its bottom line.
The part of Bank of America that's not fine, in Whalen's view, is the
ongoing liability from the mortgage underwriting that Bank of America's
subsidiaries did during the housing bubble. The litigation exposure from
this could be so humongous, Whalen argues, that it will bankrupt the company
, forcing regulators to step in and restructure it.
And Whalen doesn't think the country should wait for that day.
Instead, Whalen says, the government should just seize Bank of America and
restructure its debt, equity, and legal obligations now. The company's
operating businesses--branches, commercial lending, wealth management, and
so forth--should continue operating, and the company could then be refloated
with a new ownership structure.
This would leave Bank of America clean, lean, and competitive--just like the
strengthened GM after the forced auto-company bankruptcy.
But in the meantime, none of this is under discussion. Instead, says Whalen,
Bank of America is rearranging chairs on the deck of the Titanic. And
firing thousands of people who don't need to be fired.
