[Toddsterpatriot]

Bank of America said it will issue $18.8 billion in what are called common equivalent securities to help fund the repayment

No backup for your claim that they sold stock to the Fed?

A swap, of debt for debt, then,

Debt? I thought we were talking about capital?

[org.whodat]

You can call it voodoo funds if you wish! Since, “Currently no public market exists for the common equivalent securities, the depositary shares, or the contingent warrants. “