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.

RE: Bank of America Deathwatch: Moves Risky Derivatives from Holding Company to Taxpayer-Backstopped Depository « naked capitalism