Mortgage Blog

BOFA stock will go up?

February 21st, 2017 11:27 PM by Eric Fang

It is very interesting to read the news below.

The CEOs  of Bank of America was granted lots of options prior to the financial crisis, so was the CEO of Goldman Sachs. But those stock options expired, and the CEO did not make any money on those options. I know the CEO and the senior executives tried their best for the turn around, but the options were still under water. So I guess the executives of those large financial institute tried to "pump" the stock prices so that the options were at least worth something.

For me, I still would rather buy more MA or V, they are much safer than bank stocks. And anyway, I have lots of bank stocks as well.

Posted in:General
Posted by Eric Fang on February 21st, 2017 11:27 PM



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