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Interest Rate as of January 13, Bank of America  Form

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BANK OF AMERICA REPORTING QUARTERLY RESULTS. GOD BLESS YOU. LESLIE PICKER IS GOING TO DO THEM LESLIE >> JOE, THANK YOU. BANK OF AMERICA SHARES HIGHER IN PRE- PRE-MARKET TRADING UP 19% PER SHARE CAME IN AT 88 CENTS. BEATING 4 CENTS PER SHARE. HIGHER INTEREST RATES MADE FOR MORE PROFITABLE LENDING AS THE FIRM HAS $600 BILLION OF NO-INTEREST CHECKING ACCOUNTS WHICH KEPT COSTS LOWER THE PROFITABILITY METRIC WAS UP TO $14 BILLION WHICH IS WHERE IN ANALYSTS EXPECTED IT TO BE AND UP 29% YEAR OVER YEAR FOR GLOBAL BANKING AND INVESTMENT BANKING WAS WITHIN TRADING AND FIXED INCOME WAS UP 18%. EQUITIES CAME IN LIGHT RELATIVE TO WHERE THE STREET WAS EXPECTING AND ALSO DECLINED YEAR OVER YEAR. EXPENSES HIGHER FOR THE QUARTER TO $16 BILLION SOME OF THAT STEMMED FROM HIGHER FDI FDIC INSURANCE COSTS WITH THE FED STRESS TEST. BOA REPORTING THE VALUE OF $105 BILLION IN UNREALIZED LOSSES AS BOND PRICES HAVE FALLEN. STILL BANK OF AMERICA REPORTED THE MOST PROFITABLE FIRST HALF OF THE YEAR EXCE

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