Bank of America Faces $35 Billion Gap According to Government Stress Tests

by Benjamin Domenech on 1:35 am May 6, 2009

Math is hard, but $35 billion is a lot more than $10 billion. And the former number is the capital shortfall that, based on results of the government’s stress tests, Bank of America will require, the equivalent of half its current stock market value. Official results of the stress tests will be published Thursday afternoon.

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