BANK OF AMERICA - Please answer each question. 150-200 words each question
1. How much leverage does the BOFA have, and how does it compare to its peers?
2. YOUR ANALYSIS OF BOFA: Can you determine what type of business the bank relies upon for its cash flow (what sort of lending or other financial activity does the bank do)? Do the bank’s activities carry any unusual risks? Does the bank’s geographic or business specialization present special challenges or risks? Do you think the bank is sound enough to weather the next recession?