2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 476.00

+2.4%

Jan 27 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: carranza2	7/13/2011 12:44:07 PM
	1 Recommendation Read Replies (3) of 219810

RE: contagion Take a look at this, BAC was increasing its exposure to Italy and Spain during the first quarter and not by insignificant numbers. Makes you wonder who is running its risk management desk: news.businessweek.com No wonder it has lost 50% of its value in the last few months. And it has agreed to pay mega-billions to settle its mortgage exposure. If it well and truly hits the fan in Europe, my guess is that BAC does not have the reserves to deal with a serious bout of contagion. It might well be that BAC may eventually go the way of Lehman. No way will the public put up with another bail out.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next