Bank of America may crash and burn–and take us with it


I strongly recommend Inside Job, Charles Ferguson’s terrific documentary (still in theaters), to get a clear sense of the reasons why we’re on the brink.

MCM

Bank of America Is in Deep Trouble, and There May Be Financial Disaster on the Horizon
By Joshua Holland, AlterNet
Posted on November 11, 2010, Printed on November 13, 2010

Will Bank of America be the first Wall Street giant to once again point a gun to its own head, telling us it’ll crash and burn and take down the financial system if we don’t pony up for another massive bailout?

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