Apparently the recession is over. Bank of America issues 1.25Bn shares and opens higher by 6%??
I have a question about this. WHo is buying the BoA shares? So any bank that wants to raise money can just issue stock and raise it just like that?
i asked a question dammit
Taxpayers are buying their shares.
Yeah, this market is sooo odd right now that you gotta wonder if someone at the fed is just buying things to make it keep going up.