I'm not sure how much capital BoA will need. They're already sitting on tons of cash. And, the deal is a stock swap. No actual cash is being transacted for the buyout.
However, if you didn't buy any CDs because you're worred about Countrywide, you might consider buying them now. After the buyout, it'll be BoA backing those high-interest CDs. And the rates will be locked in.
I have my doubts about BoA keeping the high-yield savings accounts though.
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