Sizing Up Mortgage Exposure, Earnings, and Book Value for BofA and Peers (BAC, C, CMA, NYB, NTRS, RF, STT, USB, WFC, JPM, XLF, FAS)
Bank of America Corporation (NYSE: BAC) has found itself as the king of the mortgage mess after it decided to acquire Countrywide. By acquiring the company’s corpse rather than trying to just…