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Bank of America Deathwatch: Moves Risky Derivatives from Holding Company to Taxpayer-Backstopped Depository « naked capitalism
by Decius at 8:14 am EDT, Oct 19, 2011 |
If you have any doubt that Bank of America is in trouble, this development should settle it.
If BofA fails, its going to be a major economic event. |
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RE: Bank of America Deathwatch: Moves Risky Derivatives from Holding Company to Taxpayer-Backstopped Depository « naked capitalism
by Hijexx at 8:32 pm EDT, Oct 19, 2011 |
Decius wrote: If you have any doubt that Bank of America is in trouble, this development should settle it.
If BofA fails, its going to be a major economic event.
Following this guy's blog is like drinking from the firehose but he has great insights: http://market-ticker.org He's been raging at BOFA for a while on these shenanigans. |
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RE: Bank of America Deathwatch: Moves Risky Derivatives from Holding Company to Taxpayer-Backstopped Depository « naked capitalism
by Dagmar at 9:15 pm EDT, Oct 20, 2011 |
Decius wrote: If you have any doubt that Bank of America is in trouble, this development should settle it.
If BofA fails, its going to be a major economic event.
If BofA fails because their parent company stuffed them full of bad debt obligations in order to walk away from them, it should be a criminal case. |
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RE: Bank of America Deathwatch: Moves Risky Derivatives from Holding Company to Taxpayer-Backstopped Depository « naked capitalism
by Dagmar at 7:00 pm EDT, Oct 20, 2011 |
Decius wrote: If you have any doubt that Bank of America is in trouble, this development should settle it.
If BofA fails, its going to be a major economic event.
There's even more people reporting on it. Frankly, I'm going to have to talk to HR tomorrow about getting a check printed for the next pay period. I don't think I'm going to be waiting until November 5th to pull my money out of BofA. MY MONEY IS NOT GOING TO BE USED TO COVER SOME RICH DIPSHITS GAMBLING ADDICTION. RE: Bank of America Deathwatch: Moves Risky Derivatives from Holding Company to Taxpayer-Backstopped Depository « naked capitalism |
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