Bank of AmericaBrian Moynihan, CEO of Bank of America Corp. (BAC), bought 30,000 shares in the company on Monday.

Moynihan paid $391,000, or $13.03 a share, for the stock, Dow Jones Newswires reported. The purchase could be seen as a sign of confidence in the bank as its shares hover near a 52-week low.

Bank of America's shares have lagged broader stock-market indexes since the bank reported earnings last month. Moynihan said July that Congress's efforts to reform the financial system would cost the bank more than $10 billion.

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BONNIE

I have been trying to get a loan modification from Bank of America for over a year now. The money was sent to BOA from the government for the Making Homes Affordable program, the HEMP program, but none of it has worked. By the way, I tried to reach Mr. Moynihan and I was told he was not available to speak to anyone. I guess that meant anyone who needed any help. Wake up BOA and give the people the help they need.

September 01 2010 at 11:14 AM Report abuse rate up rate down Reply
triplethreatmen

man if the technical issues wont allow the comments then why allow the space i spent time writing a good response twice. wouldnt post. so i typed a T and that posted just fine. BofA are not good guys they are predatorsregarding take out exhorbinant fees now try to get them back. I learned how undafe my data was from them 2 years ago when a checkingaccount oi had for 2.5 years and every statement said Checking account, was suddenly a savings account which no fees for account transactions over 6 a month had ever been removed so that oversight was correced by removed 870 dollars without warning one day and was turned down over and over for my demands and submission of 27 statements that all said checking and the ATM receipts that also all said checking. These people proabaly sold the data and then claimed it stolen Maybe they sold my telephone number to every Hom Mod scammer and Care warranty person in the world, whom arent aware i am on the do not call list. Also 1 hour after i changed the number and requested it unlisted I kid you not I had calls to my name calling. Do we now have to sauspect the phone company who i pay the bill to for selling them as well. Has anyone ever had thses probledms i mentioned?

August 24 2010 at 9:47 PM Report abuse rate up rate down Reply
triplethreatmen

t

August 24 2010 at 9:40 PM Report abuse rate up rate down Reply
bazetta

Sorry previous comment should have said "bank" not "band"

August 24 2010 at 9:14 PM Report abuse rate up rate down Reply
bazetta

The BOA CEO might be confident in their band but a lot of their poor customers aren't. Just read some of the complaints online and I have an immediate family member that's going thru h... with them trying to get some help, just big run around!!!

August 24 2010 at 9:13 PM Report abuse rate up rate down Reply