Too Big To Fail banks aren’t known to be activist investors’ favorite targets, which is why I was shocked to hear that there’s some nascent chatter in activist circles that the nation’s second largest bank, Bank of America, could be on the so-called target list. The bearish-thinking goes that if big banks fail, the entire US economy will crash – which means they’ve been largely off limits to activists looking to exert boardroom change. But that doesn’t mean under the right circumstances, an activist play ag ...