He's gotta go see about a banker.

For once, it was a good day to be Brian Moynihan.

Dick Bové's absence (and the Countrywide debacle and bailout disaster and Brian Moynihan's not-always-rosy pronouncements) have really done a number of Bank of America's image. And while Bové tried to make up for lost time yesterday*, it simply isn't enough to avoid a massive new advertising campaign designed to convince people that BofA isn't as bad as it seems.

Was the "worst merger in Wall Street history" a merger at all?

It's basically the mantra of the company, so.

Countrywide is both an albatross and a boon for Brian Moynihan. Sure, it's the reason for all of Bank of America's troubles, but it's also really convenient to have such a reason.