Saturday, October 25, 2008

60 Minutes Interview with CEO of BofA

BofA biggest achievement of the past 10 years? Somehow they were one of a very slim minority to resist the subprime lending market. How an institution of this size was able to show that much restraint is a model for the industry.

One other interesting revelation: BofA financially touches 1 of every 2 American households. That's scary big.


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