Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

BofA Says Blodget’s Analysis on Bank Is ‘Exaggerated’

Bank of America Corp., the largest U.S. lender by assets, said Henry Blodget of Business Insider relied on faulty numbers is his calculation that the company may need to raise as much as $200 billion.

“Mr. Blodget is making ‘exaggerated and unwarranted claims’ which is what the Securities and Exchange Commission stated publicly when he was permanently banned from the securities industry in 2003,” the Charlotte, North Carolina-based bank said today in an e-mailed statement.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.