(...) maybe this is the first move by BofA to try and secure their next bailout, as the US banking sector seems poised to head into Armageddon, AGAIN.Today, the one channel for financial news (ZeroHedge) outlines the result of Pim(p)co, BlackRock and the NY Fed looking to pushback bad mortgage securities that BofA effectively become responsible for when they took over CountryWide. So, who's up for another round of "C-C-Catatonic banks"? It's been 2 years since the last round, after all....
Tuesday, October 19, 2010
Does BoA stand for "Barf over America" ?
Sometimes, the game surprises even me with being so blatantly obvious. A couple of days ago I wrote :
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