Wednesday, May 06, 2009

 

BofA Faces $35 Billion Gap

Government Stress Test Finds Capital Cushion Inadequate; New Pressure on Lewis

Regulators have told Bank of America Corp. that the company needs to take steps to address a roughly $35 billion capital shortfall based on results of the government's stress tests, according to people familiar with the situation...

WSJ: BofA Faces $35 Billion Gap (Subscription required)

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