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This is how its done, loading up the taxpayer with losses and creating a revenue stream for the banks for ever into the future, your government, the Fed.
Bank of America Chief Says Bernanke, Paulson Barred Disclosure of Merrill Woes Because of Fears for Financial System
This is how its done, loading up the taxpayer with losses and creating a revenue stream for the banks for ever into the future, your government, the Fed.
Bank of America Chief Says Bernanke, Paulson Barred Disclosure of Merrill Woes Because of Fears for Financial System
Links:
[1] http://online.wsj.com/article/SB124045610029046349.html