Comments on: You Can’t Handle the Truth! http://frontlinefinancials.com/2009/07/17/you-cant-handle-the-truth/ A Soldier's View Wed, 26 Aug 2009 19:54:07 +0000 hourly 1 http://wordpress.org/?v=3.0 By: admin http://frontlinefinancials.com/2009/07/17/you-cant-handle-the-truth/comment-page-1/#comment-26 admin Tue, 21 Jul 2009 12:38:29 +0000 http://frontlinefinancials.com/?p=87#comment-26 Amen brother. I love all the commentary on Bank of America during this earnings season and even in the previous one. Merrill is now the driving force behind a substantial portion of its profit. This just highlights how dumb of a move invoking the MAC would have been. Sometimes it takes a real leader to not worry about the immediate and very short term pain of taking the damn shot! Amen brother. I love all the commentary on Bank of America during this earnings season and even in the previous one. Merrill is now the driving force behind a substantial portion of its profit. This just highlights how dumb of a move invoking the MAC would have been. Sometimes it takes a real leader to not worry about the immediate and very short term pain of taking the damn shot!

]]> By: Benjamin Walls http://frontlinefinancials.com/2009/07/17/you-cant-handle-the-truth/comment-page-1/#comment-25 Benjamin Walls Tue, 21 Jul 2009 02:18:12 +0000 http://frontlinefinancials.com/?p=87#comment-25 Sometimes the truth hurts, but in this case the truth while yet painful in the short-term to the shareholders of BOA in the longterm will be prosperous. Great analogy of the situation. It is easy for Congress to sit back and critize the people on the front lines making the tough decisions, however it is a good thing they were sitting back or we would be in a lot worse shape then BOA owing the taxpayers and diluting the shareholders in the short-term. Sometimes the truth hurts, but in this case the truth while yet painful in the short-term to the shareholders of BOA in the longterm will be prosperous.

Great analogy of the situation. It is easy for Congress to sit back and critize the people on the front lines making the tough decisions, however it is a good thing they were sitting back or we would be in a lot worse shape then BOA owing the taxpayers and diluting the shareholders in the short-term.

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