Why Bank of America Isn't Under-Reserved
Mar 1st 2013 12:10PM
Updated Mar 1st 2013 1:30PM
Over the last few weeks, a number of bank analysts have expressed concern that Bank of America hasn't set aside enough money to cover potential losses from a particular lawsuit. In the video below, Motley Fool contributor John Maxfield explains why he doesn't believe this is true.
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The article Why Bank of America Isn't Under-Reserved originally appeared on Fool.com.John Maxfield owns shares of Bank of America. The Motley Fool owns shares of Bank of America. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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