BofA, Citi Risk Getting Left Behind By Healthy Rivals

Reuters:

Bank of America Corp (BAC.N) and Citigroup Inc (C.N) may be at risk of getting left behind.

Rivals including JPMorgan Chase & Co (JPM.N) and Goldman Sachs Group Inc (GS.N) are getting ready to repay the funds they borrowed under the U.S. government's Troubled Asset Relief Program.

Read the whole story: Reuters

Comments

[Sharon908]

They are not alone...has anyone BINGed the word MORATORIUM? That's where WACHOVIA/WELLS FARGO loans had been placed, but are now coming out. Haven't heard much about Wells Fargo aside from Buffets interest right? All of WACHOVIA's devastating OPTION ARMS which haven't reset yet will be hitting this year and into 2013. Can you see the NEW wave of foreclosures coming this summer? No more subprime. Now you will have the ALT A , JUMBO and PRIME which have loan amounts that will dwarf the subprime debaucle. Can you see what that will do to the housing values?It's amazing to me that the Stock Market keeps going up and rallying. Over 9% unemployment and you're still buying into the banking and stock market FRAUD. Good Luck