Friday, October 05, 2007
BofA: deposit king; mortgage king; fee king.
For about what seems the eleventeenth time Jim Cramer has reported/started the rumor of BofA buying Countrywide. He thought is was a good deal at $30bn so he certainly pushes even harder at ~$13bn. Ignore the fact that BofA would be tens of billions to the poorer had they listened the first time.