Investors who bought shares of Bank of America (NYSE: BAC ) during the past several years have been handsomely rewarded thus far, but is buying the bank's seldom discussed TARP warrants (NYSE: BAC-AW ) (NYSE: BAC-BW ) the better bet? Issued as part of the TARP program in late 2008 and early 2009, the warrants give the investor the right to buy Bank of America at a set price in the future.
In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analyst David Hanson takes a question from the mailbag about the Bank of America TARP warrants, how dividends impact the price, and which class of warrants he would buy.
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