Bove Says BofA May Cut 30,000 Jobs, Stock May Rise 50%

September 7th, 2011 |

Author: MortgageNewsDaily.com
This article was originally published at Mortgage News Daily. Copyright: Mortgage News Daily.

(Please visit the site to view this media)

Sept. 7 (Bloomberg) -- Richard Bove, an analyst at Rochdale Securities, talks about the appointment of Thomas Montag and David Darnell as co-chief operating officers of Bank of America Corp., a move that ousts Sallie Krawcheck and Joseph Price from the company's management ranks, and the outlook for the bank. Bove speaks with Scarlet Fu on Bloomberg Television's "InBusiness with Margaret Brennan." (Source: Bloomberg)

...(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.