Bank of America Will Dump Billions of Dollars of Losses on the American Taxpayer With Help From The Federal Reserve

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#Banks #BankofAmerica #Barclays #GoldmanSachs #CreditSuisse #JPMorganChase #WellsFargo #Citigroup #citibank

If you have any doubt that Bank of America is going down, this development should settle it …. Both [professor of economics and law, and former head S&L prosecutor] Bill Black (who I interviewed just now) and I see this as a desperate move by Bank of America’s management, a de facto admission that they know the bank is in serious trouble.

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