Fed lets Bank of America insure multi-trillion dollar
derivative (gambling) loss with FDIC insurance
http://www.realecontv.com/page/5513.html
derivative (gambling) loss with FDIC insurance
http://www.realecontv.com/page/5513.html
If Europe implodes - and there's little chance it
will not - then Bank of America's derivative
position will go to sub-zero and if the FDIC is
insuring their losses, that will be the end of
the FDIC which means every bank deposit in
the US will be uninsured.
will not - then Bank of America's derivative
position will go to sub-zero and if the FDIC is
insuring their losses, that will be the end of
the FDIC which means every bank deposit in
the US will be uninsured.
Actions:
Sign the Move Your Money pledge if you've stopped
banking with Wall Street or you're ready to start the
process to close an account.
http://www.rebuildthedream.com/move-your-money/
banking with Wall Street or you're ready to start the
process to close an account.
http://www.rebuildthedream.com/move-your-money/
Move Your Money
http://moveyourmoneyproject.org/
http://moveyourmoneyproject.org/
The Move Your Money project is a nonprofit campaign
that encourages individuals and institutions to divest
from the nation's largest Wall Street banks and move
to local financial institutions.
that encourages individuals and institutions to divest
from the nation's largest Wall Street banks and move
to local financial institutions.
Little has changed to prevent another financial
crisis or to end 'Too Big To Fail,'
and with Congress unwilling to act, we are encouraging
individuals to take power into their own hands by voting
with their dollars and no longer contributing to a financial
system that has led our country astray
crisis or to end 'Too Big To Fail,'
and with Congress unwilling to act, we are encouraging
individuals to take power into their own hands by voting
with their dollars and no longer contributing to a financial
system that has led our country astray
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