CNBC Squawk On The Street January 20, 2010
because they had such a move up. china down about 3%. looks like those officials there finally getting serious about trying to brick that asset bubble that has developed in real estate and in the commodity area there. bank of america, they had a loss of 60 cents. that was a bit larger than a consensus loss of 52 cents. the bottom line is pretty simple. credit is slowly improving at bank of america and many other banks. that's what the -- what most traders were telling me this morning here. also, wells fargo also reported a profit here. a little bit better than expected but loan loss ...
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