- advertisements -
Score for the peasants.
maybe someone should investigate all those billions of "build america bonds".
Taxpayer Funded Bridge For San Francisco Bay Being Built In Shanghai
"THE ISSUE WHICH HAS SWEPT DOWN THE CENTURIES AND WHICH WILL HAVE TO BE FOUGHT SOONER OR LATER, IS THE PEOPLE VERSUS THE BANKS" - Lord Acton - 1834-1902.
Agree! Who cracks first: BAC or C?
Fucking Bank of America. They really need to go away.
F BAC hard and with something LARGE
Justice served Over Easy ..
Check that chart...10.8 million shares dumped in five minutes...an nary a flinch on the price, remaining in a 7 cent range. So much for supply and demand. Doesn't work here in the "new normal."
I wonder if Ben Bernanke is loading up on shares of Blight on America bank?
is it coming off their good book, or bad book?
Eric Schneiderman is gunna get them
I say we use the scorched earth treatment on these mother fuckers. Fuck 'em and feed 'em fish heads. I say shut the cocksuckers down and throw every last one of the pricks in to prison. I'm talking about the federal pen in Angola, not the club fed in Pensacola.
A couple of years getting ass raped and having their mouth used like a vagina will teach them a good lesson.
Yikes...raising the bar on hatred for bankers. I did not think the popularity of this group could go lower.
Cue J. Dimon whining about how hard it is to be a millionaire banker!
Ancona, Do not sugar coat it! How do you really feel? PS a pound or two in the joint would be good, teach 'em charecter.
Wonderful rant, though maybe a little understated.
Executive Summary: BOA will pay $8.5b now and $5.5b later to resolve losses of $221b on principal of $424b. But this only resolves the servicing-related claims, it does not resolve the claims for losses under the securities laws.
The important thing here is to look at the total losses: 52%
Extrapolated across the securitizations that remain outstanding, how much unrealized systemic loss does this 52% amount to? Trillions?? The entire banking system will need to be recapitalized.
H/T George Washington...
The quote of the day comes from Damon Silvers, a member of the independent Congressional Oversight Panel:
"We are faced with a choice here.
We can either have a rational resolution to the foreclosure crisis or we can preserve the capital structure of the banks. We can't do both."
Hmmmmm.....justice or the continuation of fraud, malfesance, corruption, criminal activity and fascism. Hmmmmmmm......
BAC is at the very heart of the empire stateside. The BCCI's brother in arms. The Slush Fund Buddy to linen laundering kinds. Ugly.
It will be one of the last to be assimilated.
Obama & Timmay need money.
The banks have money...
How long before they connect the dots?
Right again, Tyler? Speaking from experiance, I'm guessing your friends don't talk to you either?
They just double post.
I'd make an offer right now for BAC for the grand total of $1....but even then after writing off the bad crap on their books (which would eliminate both equity and debt) the FDIC would still have to step in to compete the transaction
Guess someone's state budget didn't get enough of a kick back.
I will give $1.01 for BAC. I always wanted a penthouse with a helicopter pad.
OK OK OK I am finally all abroad the GOLD train . the chart looks good, for GLD' the miners seem to have bottom...the metal seems about to explode to 1650....
This guy Schneiderman has potential...
New and improved Spitzer? um er eh
Until the banks pull a Spitzer on him.
nifty update :::
someone should ask Ken Lewis what he thinks
He hasn't died in his hot tub yet?
Why does this BOA story have a foul odor?
Reminds me of Ken Lewis & Paulson showdown.
FUCK BAC. THEY ARE FLAT OUT CRIMINALS
Justice? Will believe it when I see it. But, a start.
And Mozilo is scot free; I wonder how many bodyguards he has?
One thing you've got to remember about Bank of America, and that is that it is the 'Vatican Bank'. And as such is, has, and always will be in the cross hairs of the devils that run America. Paulson tried taking them down my by force feeding them Merrill and that didn't work, but that won't stop them until they've consumed it whole. That's why all of the 2B3Fails have got to go.
They are all insolvent. Those who think they are not, will know better when they are given back their Maiden Lane and other such bullshit paper and we take back the Treasury's they received in exchange. It doesn't matter, all their bosses and their affilliated Primary Dealers and Hedge Funds are going to jail compliments of the RICO Act.
You think I'm shitting you, don't you? But it's true, and it's all in the New American Revolution, and every voting American has a front row ticket.
Well, fuck the Vatican, too. Damn boy molesting Nazi sympathizers.
George Carlin - The Owners of America
Am I too cynical to wonder if the NY AG's buyout price is less than BAC's potential liabilities?
FED MONEY = BAC MONEY. DONT EVER FORGET THIS.
the bible tells us not to stealit's there in black and whiteour laws are based upon it toodo not do wrong - do right
but somehow since these laws were writwe've seen the system failbut things will change for all the bestwhen the bankers go to jail
when the bankers go to jail my friendswhen the bankers go to jailwe'll finally see justice donewhen the bankers go to jail
when the vampire squid has been deep-friedin the slime of Bernank's wordswhen politicians tell the truthand not be lying turds
when "austerity" applies to themand fairness does prevailwe'll finally see justice doneand the bankers go to jail
when the bankers go to jail ee-hahwhen the bankers go to jailwe'll all be dancing in the streetswhen the bankers go to jail
if all was as it ought to bewhen any business failsinvestors take a haircutamid their tears and wails
but in our mean kleptocracythat the MSM does hailthe working man pays all the billsand no banker goes to jail
when the bankers go to jail thank Godwhen the bankers go to jailthe haircuts will be number oneswhen the bankers go to jail
we're predators i must admitit's human nature tooto seek a better living forour wives and children too
but animals we're not you seeit not just fine detailwe keep the law, control ourselvesand the bankers go to jail
yes you bankers go to jail you scumall you bankers go to jailyou'll be some brother's jail-house bitchwhen you bankers go to jail
you may think it's a silly dreamto think of their demisethey're oh so very powerfuland every banker lies
but one day soon we'll overthrowand have them by the tailwe'll tar and feather all of themand send them all to jail
when the bankers go to jail for goodwhen the bankers go to jailwe'll hear the bells of freedom ringwhen the bankers go to jail
Wow, love this! I hope you don't mind, but I copied it over to livinglies wordpress site - I thought it would give good cheer to some folks fighting the banksters. I did give you credit of course : )
What is the tempo? is it a rap or to when Johnny comes marching home?
Wait....All aboard the Bribery/Black Mail bus...plenty of room for civic leaders to hop aboard. Hey with HDTV and A/C (and Booze/Babes)we're going places.... you can too Mr/Ms DA/Regulator.
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.