Bank of America Ready to Dump Billions of $$$ of Losses on the American Taxpayer

[DejaVu]

October 19, 2011

If You Have Any Doubt that Bank of America is Going Down, This Development Should Settle It

Editor’s Note: We’ve received numerous emails from readers regarding this most recent development with Bank of America, and we’re seeing the report from Washington’s Blog spreading like wildfire across alternative media like The Daily Crux and The Intel Hub. Why? Because this is big news. Really big. One of the oldest banking institutions in America is now on the brink of total insolvency. The only way to for them to be saved at this point is to take billions of dollars in losses and force those losses to be covered by the U.S. taxpayer or innocent account holders. If you’re an account holder, it might be time to reconsider your allegiance, because in the near future you may be dealing with the FDIC instead of a BofA customer service representative.

Continued here: http://www.shtfplan.com/headline-news/if-you-have-any-doubt-that-bank-of-america-is-going-down-this-development-should-settle-it_10192011

[DejaVu]

October 21, 2011 07:00 AM
Bank of America Trying To Stick Taxpayers With A $74 Trillion Bill By Moving Derivatives Into FDIC-Insured Accounts

52 comments

http://crooksandliars.com/susie-madrak/bank-america-trying-stick-taxpayers-7


This is unreal and unless people understand how the repeal of the Glass-Steagall act allowed the taxpayers to be screwed over this sort of thing will continue happen!