McCarty Sees `Good Peak' in BofA Bailout Warrants Sale: Video

March 3 (Bloomberg) -- Michael McCarty, managing director at Differential Investment Partners, ta...  More »

March 3 (Bloomberg) -- Michael McCarty, managing director at Differential Investment Partners, talks with Bloomberg's Adam Johnson and Jon Erlichman about the U.S. Treasury’s auction of warrants tied to the bailout of Bank of America Corp. The auction covers two sets of warrants Bank of America granted to the U.S. when the Charlotte, North Carolina-based lender received $45 billion from the Troubled Asset Relief Program. The securities grant holders the right to buy an equivalent number of common shares at pre-set prices. (Source: Bloomberg)  « Less