Bank of America Corp. warned of worsening loan default problems Monday even as it posted a first-quarter profit of $2.81 billion. Investors were concerned about the banking industry's health sent financial stocks and the overall market lower. It took a big $13.4 billion provision for credid losses for the first three months of the year.
Recordonline.com
bank of america should close down for a couple weeks and get their act together.
ReplyDeleteSamantha, You were supposed to do articles that were no more than a week old. This is a month old. Also, you sere supposed to summarize the article, not just copy the first few paragraphs. Why did you choose it, what do you think of it?
ReplyDeleteGrade: 4/10
Deishnae, You may have a point. It worked in the Depression!
Grade: 2/2