[Carling]

All part of Obama’s plan...

[Lazlo in PA]

BoA is in deep crap. They were not doing well to begin with, now Dick Turbin is calling for a run on them. Great way to kick off the second part of a double dip recession.

[doc1019]

Nothing to worry about, Obama will take care of everything ... he will reimburse all my losses from his stash.

[takenoprisoner]

BoA has gone thru some name changes as it swallowed up banks from around the nation. This bank originated from Chicago. Back in the early seventies, it made it's first venture toward becoming a mega bank when it purchased a major NC bank, in Charlotte. Today, nearly 40 years later, it has morphed into the BoA. One of the largest, if not the largest, bank in America.

I figure the mafia needed a southern bank base. It would make for good cover. So it made it's home base in Charlotte, with the purchase of this major NC bank, back in the early seventies...scuttling it's ties to gangland Chicago.

And now, you know a small piece of the rest of the story. You are free to use your innate skills to figure the rest...

[TenthAmendmentChampion]

I used to work in the Correspondent Lending policy area of Washington Mutual Bank. My boss said that in a meeting, he objected to the bank going all-in on subprime loans of various types. The higher-ups told him that he didn’t know what he was talking about. He told me this story in 2006.

[Colorado Buckeye]

Bank of America has been shedding assets in an effort to focus on its core banking business.

Hmmmmm..... "its core banking business." Now, I wonder, just what might that be?

Deception?

Theft?

Or, how about the always good sounding.... public relations?

They probably all just want to spend more time with their families.

[Freedom_Is_Not_Free]

Bank of America is safe from collapse. It is one of the 9 banks annointed by the combined Bush/Obama administrations by Paulson. It is now a defacto part of the US government to that extent and will not be allowed to fail.