Proof reading and Editing. How does it work?
The Fed is requiring BofA to resubmit its capital plan, after the bank announced an accounting error that led it to overstate its regulatory capital levels and ratios. The error, tied to the treatment of structured notes the bank acquired when it bought Merrill Lynch in 2009, caused teh bank to announced incorrect capital ratios in its first quarter ernaings report.- http://www.forbes.co...r-draws-feds-ire/ <sigh> Cheers, Scott. |
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The bank is clearly too big to manage.
And BofA isn't the only one in that category.
Alex
ÂThere is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that "my ignorance is just as good as your knowledge. -- Isaac Asimov |
Proof reading and Editing. How does it work?
- (Another Scott)
- (1)
- April 28, 2014, 11:15:20 AM EDT
The bank is clearly too big to manage.
- (a6l6e6x)
- April 29, 2014, 09:42:30 AM EDT
