The last time Bank of America (NYSE: BAC) held an Investor Day was back in 2007, when all was swell. Then CEO Ken Lewis seemed almost triumphant as he waxed optimistic about the future. Little did he know what was about to befall the bank.

It will be a completely different environment when CEO Brian Moynihan takes the stage in front of investors and analysts for the 2011 version of Investor Day. He'll likely be joined by Joe Price, who runs retail banking and credit-card operations; David Darnell, in charge of commercial lending; and Thomas Montag, president of the investment bank and trading operations, notes Bloomberg. Terry Laughlin, who was promoted last month to head the new bad bank, also will address the crowd.

Moynihan, who had a tough first year as CEO, and his team are expected to provide some specifics on possible credit losses going forward and even some ROE estimates. Some specifics on how the consumer bank and card operations are holding up would also be much appreciated, as would information on foreclosure settlement talks now underway. Legal liability and costs will also be a big issue.

Hopefully, the Bank of America's executive team will inspire confidence that they have all of this in hand. The stock just might be whipped around if the audience does not like or understand what they hear.

For more:
- here's the Bloomberg article

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