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View Diary: Lawmakers Probe $75T Derivatives Dump by Bank of America (238 comments)

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  •  Enabled only if we keep our accounts open (1+ / 0-)
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    I was already in the process of moving all my auto-pays etc., to finally close my BofA account. This is making me work with a bit more urgency. Any deposits we leave with BofA at this point are essentially abetting a theft from the treasury.

    Eventually, they'll lay their depositor obligations in the lap of the FDIC. But first, they can only pay their counterparties to the extent they now have our cash in their hands. Take the money out, and they lose their power.

    Why is there a Confederate Flag flying in Afghanistan?

    by chimpy on Tue Nov 01, 2011 at 02:02:23 PM PDT

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