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Mon Dec 19, 2011, 08:16 PM

Bank of America shares close below $5

This discussion thread was locked as off-topic by struggle4progress (a host of the Latest Breaking News forum).


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

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Response to sarcasmo (Original post)

Mon Dec 19, 2011, 08:22 PM

1. Don't tell me we're gonna bail them out of this.

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.

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Response to tblue (Reply #1)

Mon Dec 19, 2011, 08:35 PM

4. I cant say that there wont be a bailout for them of course but I really doubt

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.

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Response to cstanleytech (Reply #4)

Mon Dec 19, 2011, 08:41 PM

6. Buffet bought in and I wouldn't doubt he got some sort of promise.

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Response to sarcasmo (Original post)

Mon Dec 19, 2011, 08:26 PM

2. i want them to be de-listed as a pariah....

 

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.....

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Response to sarcasmo (Original post)

Mon Dec 19, 2011, 08:30 PM

3. Watch the Fed that this is a dangerous sign and start bailing out BOA.

Personally I am glad it happened.

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Response to sarcasmo (Original post)

Mon Dec 19, 2011, 08:39 PM

5. Maybe San Fransisco can burn to the ground again

Bank Of America in the good old days

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Response to sarcasmo (Original post)

Mon Dec 19, 2011, 10:47 PM

7. They are going to get bailed out

 

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.


http://www.survivingeconomiccollapse.net/

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Response to prepperdad (Reply #7)

Mon Dec 19, 2011, 10:53 PM

8. And continue to extort and conduct thievery as usual.

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Response to sarcasmo (Original post)

Mon Dec 19, 2011, 11:03 PM

9. Is this because I closed my BofA acc. last week???

 



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???

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Response to Devil_Fish (Reply #9)

Tue Dec 20, 2011, 09:41 AM

10. It will be nice when the vile coproation is no longer allowed to do business.

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Response to sarcasmo (Original post)

Tue Dec 20, 2011, 09:56 AM

11. Dupe. Please continue discussion here:

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