Tuesday, June 28, 2011

Bank Of America Shakeup

BAC

No problem:  BAC has resources courtesy of we the people who will end up paying for this.  With a Federal Reserve Bank they will bail out this situation also and the CEO will get a handsome reward for a job well done.

Max Keiser will cover this in greater detail soon...http://www.maxkeiser.com...developing...

Has anyone noticed BAC after hours?  Before the news came out the stock was run up so the shorts can bury this equity for investors tomorrow.  But remember this one is another "too big to fail".....developing...

ZERO HEDGE ARTICLE:
http://www.zerohedge.com/article/bank-america-pay-85-billion-settle-mortgage-misrepresentation-suit-blackrock-pimco-new-york-