Why (serious question) do they have to raise any capital at all? Isn’t the fact that they’re “the world’s most global bank in a world that becomes more global every day” good enough? Would a free coupon to Tickle a Vickle Town do the trick?
The disagreements are related to last week’s announcement by the Treasury Department that Bank of America Corp. won approval to repay its $45 billion in federal aid. The Charlotte, N.C., bank sold about $19 billion in common stock late Thursday as part of its repayment strategy.
