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Bank of America to repay $45 million Bailout Fund. Chartpoppers.com releases Timely Consolidated Investment Analysis on Bank Of America

(CHARTPOPPERS.COM, December 02, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company Bank of America Corp. (NYSE: BAC)

The Consolidated Investment Analysis on Bank of America Corp. (NYSE: BAC)will be in particular interest to other competing companys within in its sector, such as Citigroup Inc. (NYSE:C), JP Morgan Chase. (NYSE: JPM) and HSBC Holdings. (NYSE: HBC)

Bank of America Corporation (Bank of America) is a bank holding company and a financial holding company. Through its banking subsidiaries and various non-banking subsidiaries throughout the United States and in selected international markets, it provides a diversified range of banking and non-banking financial services and products through three business segments: Global Consumer and Small Business Banking, Global Corporate and Investment Banking and Global Wealth and Investment Management. Bank of America operates in 50 states, the District of Columbia and more than 40 foreign countries.

Recent News on Bank of America Corp. (NYSE: BAC)

Bank of America Corp said it would repay $45 billion of taxpayer bailout funds, a move that could free the top U.S. lender from pay curbs as it looks to hire a new CEO, but also makes it more vulnerable to further economic shocks.
The surprise agreement on Wednesday marks a critical victory for outgoing Chief Executive Kenneth Lewis who is expected to step down from his post by the end of the year, but has said that repaying the government was something he wanted to accomplish before stepping down.
The deal is also a shot in the arm for the U.S. Treasury, which has been under fire for the hundreds of billions in taxpayer dollars it has shelled out to corporate America during the financial crisis.
The Charlotte, North Carolina-based banking leader is expected to repay its Troubled Asset Relief Program (TARP) funds over the next few days.
A U.S. Treasury official called the repayment a step in the right direction, adding that replacing Treasury investments with private capital would provide a boost to confidence.
The deal was negotiated by BofA's chief risk officer, Greg Curl, sources said. Curl has been considered a leading contender to replace Lewis.
Curl played an instrumental role in gaining the government's permission to repay the TARP funds, a move that could bolster his chances as a contender for the CEO position, according to financial industry sources.

To view the Consolidated Investment Analysis on Bank of America Corp. (NYSE: BAC)Please visit the stock pulse page at www.chartpoppers.com/stock%20pulse/

In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.

The full report is available at www.chartpoppers.com

Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. Our diligent effort is to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas and penny picks to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.

For More information please visit us at www.chartpoppers.com/about/

Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.


CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com


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