Lights Dim For The Large Banks If This NYT Leak Is Correct… U.S. Is Preparing Legal Actions Against More Than A Dozen Big Banks

| September 1, 2011

Will the arrogant banks finally get their comeuppance…..we’ll see?  Chris Whalen, speaking on King World News (www.kingworldnews) and known as one of the top U.S. bank analysts, says Bank of America Corp (BAC) will probably have to restructure (go bankrupt) sooner rather then later, wiping out shareholders and giving bond holders a haircut.  Whalen said the new Bank of America […]

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