October 3, 2011 at 10:38 pm
#735692
Klause
Member
In regards to the BOA card fee…It’s not “costing” BOA $2 billion. The word “cost” in this matter is referring to the fact that they are losing $2 billion from the $6 billion they get now. With the new regulation they would still get $4 billion, but of course they want you to believe they are incurring actual losses, when they are actually still making a $4bil profit.