So depressing

NEW YORK (Reuters) - Bank of America Corp. (BAC.N: Quote, Profile , Research), the No. 2 U.S. bank, said on Tuesday fourth-quarter profit rose a greater-than-expected 47 percent, as growth in credit card fees and investment banking offset rising loan losses. Net income for the Charlotte, North Carolina-based company rose to $5.26 billion, or $1.16 per share, from $3.57 billion, or 88 cents a share, a year earlier.