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Here's What the Media Is Missing About Bank of America

By Matt Koppenheffer and David Hanson - Apr 20, 2013 at 9:43PM

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This is what the media didn't report.

In this video, Matt Koppenheffer makes the case for Bank of America as a good investment. While the media has focused on Bank of America's increased expenses and revenue uncertainty, what's missing is the progress Bank of America has made over the years. In 2010, Bank of America took loan charges of 4.4%, a huge number -- but this past quarter, it's down to 1.4%. The bank's balance sheet has improved significantly, and Matt believes Bank of America is a long-term investment story.

Check out the video for more details.

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