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dixiegrrrrl

(60,157 posts)

1. Maybe as I feared.

Reply to Roland99 (Original post)

Mon Dec 19, 2011, 06:37 PM

Dec 2011

BOA, you may remember, stuck all its derivatives into its banking division, where they will be considered "assests" that have to be covered by insurance ( DIC and other counter parties) if BOA goes down.
IE: it may make more money crashing and burning than it will staying alive.
I suspect maybe some bigger bank will buy it..who knows what the hell can happen any more.

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Highlight:

Banks sink Wall Street, BofA below $5/share [View all] Roland99 Dec 2011 OP

Maybe as I feared. dixiegrrrrl Dec 2011 #1

The BOA execs will still get their fat bonuses LiberalEsto Dec 2011 #2

Of course. They have to live up to their contracted agreements. (Unless you are a customer) Kablooie Dec 2011 #5

The bank ads on the revamped site are ironic...and extremely annoying NoodleyAppendage Dec 2011 #3

Get ready! Here comes another humongous stimulus package! Hooray! Kablooie Dec 2011 #4

Post removed Post removed Feb 2012 #7

Bank of America stock closed today at 5.21 sarcasmo Dec 2011 #6

This message was self-deleted by its author dogknob Feb 2012 #8