Not a bad point, actually, but Herb Greenberg just reported that the government will likely guarantee BAC against CFC-related losses.
If that’s the case, BAC will come out as the premier retail bank in the US … they might not even need to divest the CFC bank, as the bank is a “thrift” and therefore does not count against the 10% deposit limit, apparently.
As another short idea after a bump, I doubt IMB gets the same consideration from the Fed as CFC.