Skip to main content

View Diary: CRACK!: Bank of America Downgraded (234 comments)

Comment Preferences

  •  I believe Dodd Frank provides a way (4+ / 0-)
    Recommended by:
    ruleoflaw, Ian H, crystalboy, henlesloop

    I think I remember that Dodd Frank allowed for a method to put the big banks into a form of bankruptcy.

    I sure hope the administration is preparing for this, because I believe we'll be heading for another banking crises within 6 months that will be worse than 2008.  The trigger will most likely be Europe, but China is getting pretty wobbly also.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site