BAC did a recent presentation at Goldman Sachs Financial Services conference. This is a superb presentation to get a summary of how far the company has come along in the last 2 years. I highly recommend looking through the presentation slides and listening to the Q&A. The key take away from the Q&A is Moynihan hinting at returns lots of capital to shareholders in 2014. He was specifically hinting at dividends. This will be great news for warrant holders, as the strike price for the warrants will drop and the number of shares the warrants get will increase.