Bank of America: Disappearing Act
J. Michael Jones There has been a lot of speculation about "hold to maturity" issues at Bank of America (NYSE:BAC) that have created a lot of probably unnecessary fears. The sheer amount of misunderstanding about this part of the industry has led to a lot of market miscalculations as to the value of the common (and really any securities attached to the bank). The debt securities that are matched now have "disappearing" losses. This creates an investing opportunity for investors who understand the "Money And ...