Bank of America Bankruptcy?

Went over my credit limit with them a couple years back (business card), and they charged me a $35 over-limit fee for EVERY TRANSACTION over the limit.

...then charged me a $25 overdraft fee for each of those penalties because there wasn't enough in checking and each one was an "overdraft"

fuck B of A
 
I am thinking about getting some BAC shares because a bailout is inevitable

funny how government intervention reverses standard investment paradigms. capital flowing into a bank because it's insolvent
 
The government learned their lesson with Lehman. If BoA were to actually get to a bad place, the government would not let them fail. That's part of the bad part of the 2008 credit crisis - the major national banks are all now truly too large to be allowed to fail.
 
Back
Top