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Economy

Warpy

(111,245 posts)

2. People are pulling out of those stocks

Reply to dixiegrrrrl (Original post)

Tue Dec 20, 2011, 03:58 PM

Dec 2011

because it's finally dawned on them how shaky those institutions are, especially BoA. The "too big to fail" are now too big to bail out successfully, even with safeguards to keep taxpayer money out of the pockets of the top bosses.

Nationalization is the only rational next step for these banks. Expect the far right to scream as they've never screamed before.

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Highlight:

Monday's Bank stock prices... [View all] dixiegrrrrl Dec 2011 OP

We are the 99% Mira Dec 2011 #1

People are pulling out of those stocks Warpy Dec 2011 #2

I would like to ask you a question, dixiegrrrrl Jack Sprat Dec 2011 #3

I have no interest in investing, actually. dixiegrrrrl Dec 2011 #4

the problem with not investing is inflation rdking647 Dec 2011 #8

as a trader i watch the banks closely rdking647 Dec 2011 #5

Take a "shot" at BAC or take a "short " on BAC? dixiegrrrrl Dec 2011 #6

take a shot on it rdking647 Dec 2011 #7