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Thursday, November 17, 2011
BAC 25 year Chart
Bank of America is back below 6 dollars per share again today, and there doesn't seem to be much sign of reprieve for the banking giant. Outside of the depths of March 09, BAC hasn't sold at this price since 1991. In 1991 BAC had $119B in assets, today it has over $2T. It had $6B in capital compared with more than $212B today. It also only had 228m shares outstanding--today it has 10B.
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