How B of A can raise the capital it needs
Reports say that Bank of America may need to raise $34 billion in capital to stay solvent. Karen Shaw Petrou at Federal Financial Analytics, talks with Kai Ryssdal about why this might be good news and how the bank can come up with the cash.
Listen to the show:
http://marketplace.publicradio.org/display/web/2009/05/06/pm_banks_q/#