Stress Test Leak: BAC Needs $34 Billion In Capital

riskymove · May 5, 2009

Yep must be priced in futures already bouncing

MrDODGE · May 5, 2009

Remember the news on Monday that Wells Fargo would need to raise $24 billion? Well the stock shot up almost 30% on that news.

[Proximo] · May 5, 2009

Nice. That's how things work don't they. Until the last short is in the grave. Then manipulate the other way.

As long as GS makes 300 billion for the year eveything will be fine.

Quote from Q12:

Just setting the stage so that when they announce they only need 29 billion it's deemed as good news and the market rallies big.

MrDODGE · May 5, 2009

Futures are already retracing their move down. By morning they will probably be green or really close to it.

lolslayedyou · May 5, 2009

Quote from MrDODGE:

Remember the news on Monday that Wells Fargo would need to raise $24 billion? Well the stock shot up almost 30% on that news.

Wells fargo was up because buffet stroked it all weekend.

lolslayedyou · May 5, 2009

Quote from MrDODGE:

Remember the news on Monday that Wells Fargo would need to raise $24 billion? Well the stock shot up almost 30% on that news.

Wells fargo was up because buffet stroked it all weekend.

lolslayedyou · May 5, 2009

Quote from MrDODGE:

Remember the news on Monday that Wells Fargo would need to raise $24 billion? Well the stock shot up almost 30% on that news.

Wells fargo was up because buffet stroked it all weekend.

Lucrum · May 5, 2009

Quote from lolslayedyou:

Wells fargo was up because buffet stroked it all weekend.

Is there an echo in here?

ipatent · May 5, 2009

Nice that Buffett can stroke it three times at his age.

S2007S · May 5, 2009

What the hell is going on, everyday and something new about either they need more capital or they need little capital or they need no capital.

Of course tomorrow we will open lower and skyrocket higher after everyone realizes $34 billion is better than $75 billion or $200 billion, again this is just one big fu$king JOKE!!!! Thats all it is.