However, the DemocRATS did get some good news today when we found that ONLY just over a half of a million Americans lost their jobs last month. Don’t you just love BO’s “hope and change” gig? This “new direction” stuff is sumpin’ else. 69% of “americans” are loving it if you believe the “polls.”
i’ve got a $15,000 credit card 3% APR “loan” from citibank, i routinely use my bank of america to pay for things and pay for it 30 to 60 days later, and first union/wachovia/corestates (which was swallowed up by wells fargo) has been losing total market share for years in the philadelphia area despite buying up its competitors (to supposedly gain market share). who gives a rat’s ass about the big banks? i certainly don’t use any of them for my personal checking account.
What collection of fairy tales did this story come from? I’m somewhat perplexed at only a half billion dollars of losses when the top six bank holders of derivatives were stuck with derivatives that used to be worth 200 trillion dollars. I’m astounded that someone has been able to sort through all of the mortgages, student loans and credit card debt that was securitized and come up with only a half billion dollars of losses.
I think I need a new BS meter. Mine just exploded.