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Jesus christ, what is going to become of Bank of America. Citibank is pleading for

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Mike 03 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 10:43 PM
Original message
Jesus christ, what is going to become of Bank of America. Citibank is pleading for
Federal capitalization.

How serious is this, in your opinion, and will Bank of American follow?

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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 10:45 PM
Response to Original message
1. Read this. It will not make you happy.
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BlooInBloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 10:45 PM
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2. They'll get EATED in one way or another, sooner or later.
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 10:51 PM
Response to Original message
3. Hopefully Citigroup and Bank of America will be dismantled then..........
Edited on Sun Feb-22-09 10:51 PM by Double T
their parts will be sold off to other smaller regional banks.
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 10:59 PM
Response to Reply #3
5. I think that's the best we could hope for.
The worst we could hope for is FDIC takeover. But I don't think we really can go there.
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-23-09 12:56 AM
Response to Reply #5
8. Citigroup and Bank of America aren't too big to fail, instead........
they are too big to exist.
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 10:57 PM
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4. They still claim they are okay..
Ken Lewis is still buying stock..

I'm not buying BAC stock, I'll say that much.
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 10:59 PM
Response to Original message
6. The US is bankrupt
and has bankrutped most of the rest of the world.

I guess where it leads is dependent on how fast we can get money flowing around the big banks so the people don't freak out.

Can the FDIC take care of all the depositors of City and BofA?
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Webster Green Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 11:52 PM
Response to Original message
7. Bank of America has fucked me over so many times..
I hope they fucking bite it. :nopity:
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