At 40, (Bank of America) trades at the low end of the valuation range for the CSFB Large Cap Banks, discounting a material earnings shortfall.
More Quotes from Susan Roth:
It's not a huge deal. It's a logical, low-risk entree into the equity underwriting business, ... The reality is that it is small for Chase, so if the bottom falls out, it's going to nick them only a couple of pennies.Susan Roth
The road map you don't want to follow is B of A Montgomery. Chase typically been a much better partner. They don't seem to take a 'we bought you, we own you' type of approach.
Susan Roth
That's eight times the allowable limit.
Susan Roth
We're left out of the loop because we're actually a public corporation, not a local government. You have to go through a regional district or a city to apply.
Susan Roth
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