LOL Feds doing everything under the sun to keep this POS from dying..............
Submitted by Tyler Durden on 01/05/2012 13:24 -0500
BAC
CDS
Presented with little comment suffice to ask why the rest of the mortgage-exposed financials would not also be rallying if this move higher in BAC stock was all based on mortgage refi program rumors off of Bernanke's white paper released yesterday and in general because it is an election year and Obama will do anything for a short-term vote grabbing fix? It appears just as likely that there is active arbitrage catch up between BofA's CDS and stock from a notable underperformance in mid-December back to 'fair' now.
Dont miss the comments,,,,,,,,,,,,,,,,,,,,,
http://www.zerohedge.com/news/bofa-stock-soaring-year-date-outlier-why?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.