A new BofA

This is a devastating indictment of Bank of America.  It's a 'spoof' site which initially was on Google's phishing list.  You should look at 'Lessons Learned', which reviews the bank's liabilities.  

Here are some more comments of interest:

Today, Bank of America should be on top of the world. We're the second largest bank holding company in the United States and the third largest company in the world. We serve tens of millions of consumers and small businesses in over 150 countries, as well as 80 percent of the Fortune 500 Global Companies. We're the single largest funder of some major US industries, like coal. We're the world’s largest issuer of credit cards, thanks to our 2006 acquisition of MBNA. We're also the number one underwriter of global high-yield debt, and the third largest underwriter of global equity, ever since our 2009 purchase of Merrill Lynch. And thanks to perhaps the best legal team in the world, we paid no U.S. federal taxes in 2010, but received a $1 billion tax refund.
With such an unprecedented combination of size, growth, and ongoing support, we should be flying high. But fate has hatched other plans. Our most recent global earnings statement, and the devastating two-year decline of our stock price — from $50 not long ago, to not far from $5 now — show clearly enough that Bank of America is in full mid-plummet. Should our stock value fall below $5, discussions of federal receivership will have to begin in earnest.