Sunday, August 24, 2014

The Big Government Bank Robbery Continues

Posted: 8/24/2014


Just read this opinion piece “Banking in a Time of Cholera Bank of America pays $16.65 billion for doing the feds a favor.” about the latest U.S. federal government extortion of Bank of America. I have blogged about this subject before several times.


What I am seriously wondering about why the CEO did not simply tell the federal government he would instantly sell CountryWide and Merrill Lynch again if necessary for $1 to any bidder.

As I said before, as the CEO of BoA I would have told the federal government to go to screw themselves! CEOs who have no spine have no business being CEO!

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