Bank of America shares close below $5
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Snip< Bank of America, in particular, faces concerns about whether it has enough capital to absorb mortgage-related losses and meet new international standards.
http://ca.news.yahoo.com/bank-america-shares-dip-below-5-202948909.html
tblue
(16,350 posts)They will find the money to cover their losses. Because they're the ones who run things.
They made this mess. They should fix it.
cstanleytech
(26,224 posts)that they will be granted a 2nd one because any politician who votes to do so might well be slitting their own throat come election time with a heck of alot of voters.
sarcasmo
(23,968 posts)Swede Atlanta
(3,596 posts)Fuck them...Unfortunately the people that will suffer are the tellers and other lower-level management staff. They will get the proverbial shaft up the ass. The senior executives will walk away with millions for not having done anything other than contribute to the economic meltdown. I think a tar-an-feathering campaign is in order...would love to see those fat, old bastards in pain and fearing for their lives.....
Justice wanted
(2,657 posts)Personally I am glad it happened.
thelordofhell
(4,569 posts)Bank Of America in the good old days
prepperdad
(103 posts)BOA is in a too big to fail category. Just watch, the feds are going to crank up the printing presses this weekend to bail these criminals out. And as usual, we are going to all have to share the pain.
[url]http://www.survivingeconomiccollapse.net/[/url]
lonestarnot
(77,097 posts)Devil_Fish
(1,664 posts)ETA: how low can it go before they are no longer to big to fail??? 0.001 per share??? or would it have to be 0.0001???