MannyGoldstein
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Tue Aug-23-11 09:26 PM
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Poll question: If Bank of America is failing, will it be bailed out? |
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Rumor has it tha BoA needs to raise hundreds of billions of cash, which will be difficult at their current market value. If it's true, will they be bailed out by Treasury and/or the Fed.
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CarmanK
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Tue Aug-23-11 09:30 PM
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1. I get sick to my stomach every time I see a Bank Of AM ad on tv |
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They are one of the most despicable banks in America. They contributed to the nation's economic problems by usury and mortgage fraud. They are not interested in AMERICA, and when they claim to make billions of loans to small business I could puke. They don't deserve to survive. People should move their money, and if they are about to fail because THE CUSTOMERS refused to be cheated, then they should go down in a big pile of ASHES.
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Firebrand Gary
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Tue Aug-23-11 09:53 PM
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The fact of the matter is that BOA is on its deathbed. There is no appetite for a bailout, no chance in burning hell. How in the world would you justify people losing their homes, no jobs bill, balanced budget amendments, etc.
The People would take to the streets like you have never seen.
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exboyfil
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Wed Aug-24-11 02:13 AM
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through the Fed. Mark my words. We may find out about it in a few years. They go down and it is Lehman Brothers all over again but probably much worse.
I don't like it, but don't you know the Federal government and Federal reserve are in place to ensure no rich person becomes a poor person (at least no rich person in the financial industry).
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girl gone mad
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Wed Aug-24-11 02:37 AM
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4. I don't think that will stop it from happening. |
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Our ruling/political class is completely out of touch with the people they are supposed to represent. Look at how far they've been willing to push matters in Europe, for example. They just don't seem to care.
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JDPriestly
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Wed Aug-24-11 03:13 AM
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5. Maybe that is what the powers that be want. |
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We have to find some way to protest this stuff other than demonstrations in the streets. They are not effective.
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DU
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Thu May 02nd 2024, 02:59 AM
Response to Original message |