Bank of America’s Third Strategic Mistake

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  As we wrote in a previous piece, back in the mid of the subprime crisis, Bank of America (NYSE:BAC) committed two strategic mistakes that end up costing the bank dearly: the purchase of Countrywide Financial and the purchase of Merrill Lynch. Last week, the bank committed a third strategic mistake, announcing

http://www.forbes.com/sites/panosmourdoukoutas/2011/10/01/bank-of-americas-third-strategic-mistake/

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