Bank of America assets and liabilities

[fencerider2]

See anything interesting on the statement sheet.


http://www2.fdic.gov/idasp/main_bankfind.asp

For Bank Name I put in "Bank of America", chose " Florida " for state, and then clicked on Bank of America, National Association from the list (first option).

Then I clicked on the "last financial information" link.

Then I clicked the "generate report" button.

[dscivicdx]

the $32,205,376,954 in derivatives? or is that $32,205,376,954,000?

[fencerider2]

the $32,205,376,954 in derivatives? or is that $32,205,376,954,000?


Trillion

Yea, and who has their back on those, some hedge fund in the Caymans. :lol:

[MianoSM]

2007 2006

2,453.19% 2,243.05%

Not much has changed in the last year.

Wachovia is also showing about a 700% value for their derivatives, it's not hugely uncommon for banks to have that on their balance sheets.

Citibank is actually doing worse the Bank of America with this liability, and Citi is currently worth more from what I could see so far as Assets go. ; )

[Joe]

So what are you trying to say about BoA Jim? :dunno: