Thursday, October 20, 2011

'A Terminal Short'

MainePERS, read this:

"Bank of America equity is worthless."

"BAC is the WorldCom of banking."

" sustainable competitive advantage."

"BAC deserves more downgrades..."

"...a dishonest accounting mess..."

Read the full Value Investors Club commentary here.

[h/t ZeroHedge]

More below. A pro's pro, Gary Shilling, tells Bloomberg why the big banks are such a rotten investment at this time:

No comments: