Fixed It! Business as Usual

Via Bloomberg:

Bank of America Corp., the largest U.S. lender, said its residential mortgage business is in “recovery mode” after contributing to a net loss last year and will be “transitioning to business as usual” in 2012. The stock advanced in early trading.”

also:

““We are changing the culture of the company from a company that was built upon acquisitions and consolidation,” Moynihan said today in New York. “We are again a growth company.””

Related:  FIX IT! The video (FF to the 2:15 mark):

 

-KD

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