[Toddsterpatriot]

What Bank of America has done is simply replace one form of taxpayer sponsored capital (TARP) with equity

Yup.

Well tell the writer he is lying.

The writer didn't say BAC sold stock to the Fed.

[org.whodat]

“Bank of America said it will issue $18.8 billion in what are called common equivalent securities to help fund the repayment. It currently does not have approval from shareholders to increase the number of its common shares outstanding, but once it obtains that approval, investors holding these securities will be able to swap them for common shares.”,

A swap, of debt for debt, then,

The names are changed the results are the same.