Bank of America Annual Report Research Proposal

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A most useful means of revealing just how affected it was, is that of analyzing the annual report. The data for 2008 indicates a strong company with an ability to develop and implement the most adequate strategies, but which also reveals increased levels of sensitivity relative to the industry. Also, 2009 came to confirm the suspicions relating to deepening financial challenges on the part of the bank and holding organization.

In response to these difficulties, the Obama administration has created the Troubled Assets Relief Program, a plan which aims of create a state bank to purchase the underperforming stocks from the Bank of America and other banks.

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A simpler and more efficient solution however would be that of eliminating the mark-to-market accounting technique. The measure would ensure that the assets of the Bank of America and other players in the banking industry are not continually depreciated. This would in turn generate better financial stability within the sector, more credit opportunities, increased levels of economic operations and increased purchasing power as well as consumption, all materializing in a growing economy......

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Latest APA Format (6th edition)

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"Bank Of America Annual Report" (2009, April 27) Retrieved June 28, 2025, from
https://www.aceyourpaper.com/essays/bank-america-annual-report-22452

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"Bank Of America Annual Report" 27 April 2009. Web.28 June. 2025. <
https://www.aceyourpaper.com/essays/bank-america-annual-report-22452>

Latest Chicago Format (16th edition)

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"Bank Of America Annual Report", 27 April 2009, Accessed.28 June. 2025,
https://www.aceyourpaper.com/essays/bank-america-annual-report-22452
   

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