Task, " Research, within Bank Of Americas financial statements, the
last date when bond, stock, or preferred stock financing occured.
provide a schedule of dates, the amount financed, and applicable
rates. Discuss implications for the firm." Question, where do I start,
how do I decipher through all the numbers?

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Request for Question Clarification by omnivorous-ga on 30 Mar 2004 07:34 PST

Mouse11 --

This presumably is in the context of coursework.  It's important to
identify what "implications for the firm" means.  Here are some
possibilities:
*  in a basic finance course, you'd be concerned with cost-of-capital,
both before and afterwards
*  in a strategic analysis case you might discuss how BofA's position
either strengthens or weakens its hand regarding acquisition
*  in a Treasury class you might discuss options open to the company
at the time of financing; you might also discuss why preferred stock,
in particular, was used instead of debt
*  in a monetary policy class you might talk about the influence of
Federal Reserve policies over BofA's decisions

But obviously you can't do them all.  My guess is that you're being
asked to look at capital structure changes -- it's fairly routine in
understanding WHY a company made a particular financing decision.  But
researchers don't like to guess at what customers are asking.

Best regards,

Omnivorous-GA

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Clarification of Question by mouse11-ga on 30 Mar 2004 16:29 PST

Your assumption is correct. I simple need to know when and why bank of
America last issued stocks, bonds, or preferred stock. I already know
about the merger with Fleet bank and the February 11 issue of stocks.
Where can I get more dates and information?

Dear mouse11:

There are multiple sources of information you can consult.

First, you will want to obtain a copy of Bank of America's Annual
Report, which is an SEC 10-K filing.  You can download one here: 
http://www.edgar-online.com/bin/irsec/default.asp?doc=A-0001193125-04-032312
(Edgar-online.com, Bank of America Annual Report, March 1, 2004)

My comments reference the page numbers printed on the bottom of each
page of the version formatted in Rich Text Format (RTF).

On page 25, the annual report discusses how funds are acquired and
used by the Corporation:

"Primary sources of funding for the parent company include dividends
received from its banking and nonbanking subsidiaries and proceeds
from the issuance of senior and subordinated debt, commercial paper
and equity. Primary uses of funds for the parent company include
repayment of maturing debt and commercial paper, share repurchases,
dividends paid to shareholders, and subsidiary funding through capital
or debt. "

For detailed information regarding the issuance of securities, you
will want to consult the Notes to Consolidated Financial Statements
beginning on page 75.

Page 85 discusses the issuance of stock pursuant to the Fleet Boston merger.

Pages 93 and 94 discuss mortgage-related securitizations, which are
used to get loans off of Bank of America's books so that it can make
new loans.

Pages 98-100 discuss short-term borrowings and long-term debt, both of
which involve the issuance of securities.

Page 109 discusses stock repurchases and issuances of stock under employee plans.

Also, you can review 8-K filings at
http://finance.yahoo.com/q/sec?s=BAC (SEC Filings for Bank of America,
Yahoo! Finance) for specific information about debt issuance.

For example, http://biz.yahoo.com/e/040219/bac8-k.html (Form 8-K for
BANK OF AMERICA CORP, February 19, 2004) discloses, "By action dated
February 11, 2004, a Committee previously appointed by the Board of
Directors of the Registrant approved the public offering of an
aggregate principal amount of ?1,250,000,000 of the Registrant's 4
5/8% Senior Notes, due 2014...."

Also,http://biz.yahoo.com/e/040217/bac8-k.html (Form 8-K for BANK OF
AMERICA CORP, February 17, 2004) discloses, "By action dated February
6, 2004, a Committee previously appointed by the Board of Directors of
the Registrant approved the public offering of an aggregate principal
amount of $1,500,000,000 of the Registrant's Floating Rate Callable
Senior Notes due 2007...."

I hope the above sources of information allow you to do complete your
research task.

Sincerely,

Wonko

Thank you very much, sadly the class ended three weeks ago. Still,
thanks for your time!