Frank Barkocy Quotes
Without the Bank of America-Fleet announcement today, we'd be looking at a much more sluggish performance for bank stocks in the near term. There are still a number of questions about the economy. 
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Bank | America | Fleet | Announcement | Today |
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Today's actions were pretty well discounted and well telegraphed. It's much more difficult to ascertain what the magnitude of the potential costs from lawsuits might be. So there's still a high degree of headline risk for the brokerages.
- Frank Barkocy
