Bank of America Bankruptcy?

[asimenia]

nah. they still have wachovia.

 

[Ringo]

My buddy said they packaged and sold mortgages for houses that didn't even exist .

 

[mmelouve]

i blame george w bush

 

[cascade_boss_dogg]

just like lehman bros

 

[<3 I <3 ANIMALS <3]

My mortgage is with them. Should I just quit paying it now to speed up this process???

 

[ldyblucpl]

How's that working out?

 

[Nallely]

selling non core businesses out the ass

sinking ship

 

[fireflyfan_2008]

I didn't say they were going bankrupt right away.

Their stock went up and their CRAB spread widened. Not a good sign.

 

[Tom]

They also foreclosed on homes they didn't even have mortgages on.

 

[Cherrell]

CEOs once again saying the market is wrong. That is something you NEVER do.

 

[pkrface13]

great just what this country neeRAB a big bank to raid the FDIC coffers so the FDIC can raise premiums and the rest of the banks can continue to raise fees on the consumer. IF this doesnt cause a run on BAC then USbank or Wells Fargo may be forced to make a purchase with a capital injection, either way not good.

 

[kelc2536]

Was he also the CEO when they gave AAA credit ratings to the sub prime mortgages?

 

[kewlick31]

my small biz I co-own has 7 figures in a b of a checking account. You just fucked up my day nga

 

[Mohammad Sa]

http://online.wsj.com/article/SB10001424053111904823804576502680497287052.html

 

[famousbusinessguy]

if bank of america goes under i shouldnt have to pay my mortgage, but they will end up selling it for $200 and i'll still be paying for decades

 

[hint0122]

LOL I DECLINED A JOB OFFER FROM MERRILL LYNCH 2 WEEKS AGO

 

[W N]

WATCH THE DOW HIT 9000 BY END OF LAST WEEK TOO!!

 

[mobby]

to those saying that bank of america won't be allowed to fail because of its "official sounding" name

http://en.wikipedia.org/wiki/Bank_of_United_States

 

[Bay.]

I don't

 

[John M]

so what are you worried about? ever heard of FDIC? durab asses...