BofA, Longtime Leader in Leveraged Loans, Warns of `Carnage'
Brian Moynihan, chairman of the board and chief executive officer of Bank of America Corp., speaks during an Economic Club of New York event in New York. (Photographer: Bess Adler/Bloomberg)

BofA, Longtime Leader in Leveraged Loans, Warns of `Carnage'

(Bloomberg) -- The U.S. economy is on solid footing except for one potential trouble spot, according to Bank of America Corp.’s Chief Executive Officer Brian Moynihan: leveraged loans -- a business...
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