From: Richard Bove
Sent: Friday, September 09, 2011 05:58 AM
In the past month Rochdale Securities was alone in suggesting that the CEO of BNY Mellon should be removed. He was.
Rochdale was also alone is predicting that Bank of America would close 600 branches and cut 30,000 jobs with the bulk of the cuts in the consumer businesses. It is happening.
Richard X. Bove