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RED ALERT:- Bank of AMERICA about to go belly up!

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  • RED ALERT:- Bank of AMERICA about to go belly up!

    http://www.zerohedge.com/news/here-c...y-contemplated
    Mike

  • #2
    Re: RED ALERT:- Bank of AMERICA about to go belly up!

    Can BAC be the next Lehman's? How concerning is it that it's dropping so much, so quickly?

    Comment


    • #3
      Re: RED ALERT:- Bank of AMERICA about to go belly up!

      Not true:

      AIG sues BofA for $10 billion alleging "massive fraud"

      NEW YORK (Reuters) - The insurer AIG is suing Bank of America Corp to recover more than $10 billion of losses from a "massive fraud" on mortgage debt, deepening the morass of litigation faced by the largest U.S. bank. more...
      Ed.

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      • #4
        Re: RED ALERT:- Bank of AMERICA about to go belly up!

        heh... bank of america vs washington mutual...


        google

        Comment


        • #5
          Re: RED ALERT:- Bank of AMERICA about to go belly up!

          Originally posted by FRED View Post
          Not true:

          AIG sues BofA for $10 billion alleging "massive fraud"

          NEW YORK (Reuters) - The insurer AIG is suing Bank of America Corp to recover more than $10 billion of losses from a "massive fraud" on mortgage debt, deepening the morass of litigation faced by the largest U.S. bank. more...
          Considering what we already know about AIG, that's rich.

          Comment


          • #6
            Re: RED ALERT:- Bank of AMERICA about to go belly up!

            Originally posted by FRED View Post
            Not true:

            AIG sues BofA for $10 billion alleging "massive fraud"

            NEW YORK (Reuters) - The insurer AIG is suing Bank of America Corp to recover more than $10 billion of losses from a "massive fraud" on mortgage debt, deepening the morass of litigation faced by the largest U.S. bank. more...


            What's not true? That BAC is dying? How does that lawsuit argue to the contrary?

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