B of A

Today’s AYFKM? Award; B of A and Citigroup

Bank of America and Citigroup want to lead the charge (no pun intended) on charging customers who pay off their balances each month and have perfect credit....because they just aren't making any money off them.  This is right up there with increasing taxes in hopes of making more revenue and finding that you just made tax revenue go through the basement.  Obviously, there are no true economists that can add using real math instead of red crayon figures at any of these companies. Got Perfect Credit? You Could Be Charged For It! Bank Of America, Citigroup First To Try Out…
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The Slippery Slope (UPDATED; Pay Caps & GM)

THIS would be the reason why the government should not be allowed to bailout private companies and then tell them what to do, AND the reason we haven't been able to trust the government and would be fools to continue to do so. Feds threatened to oust BofA execs over Merrill deal Government regulators threatened to remove top Bank of America executives if they backed out of a buyout of failing brokerage giant Merrill Lynch, and offered to provide taxpayer funds to compensate for Merrill's poor performance, according to company records obtained by The Washington Times. The documents - e-mails…
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Hank Paulson In Front Of Congress

H/T GoldmanSachs666 Hank Paulson was a 32 year career Goldman Sachs soldier. He also ran the company as COO and CEO from 1998 through 2006 . . . the exact years that we saw the creation of toxic assets developed by his boys and girls at Goldman Sachs. He left Goldman Sachs at the peak of the bubble to take over the Treasury Secretary job so he could complete the final phase of his scheme . . . cover up, steal a few trillion more, laugh at you and the American public. Hank Paulson being questioned by Mr. Stearns (FL)…
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