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12:29 PM
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Bank of America: Too Crooked to Fail - Rolling Stone Magazine
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[quote:Anonymous Coward 1578326:MV8xODA5MDM4XzMwNDA4MTQzX0ZBMTRERTA0] Great article. I like Matt's pull no punches style of writing. It's hard not to be pissed off reading this. I didn't know about the pissing contest between banks that led to all these acquisitions and building of giant bank buildings. [/quote]
Original Message
The bank has defrauded everyone from investors and insurers to homeowners and the unemployed. So why does the government keep bailing it out?
At least Bank of America got its name right. The ultimate Too Big to Fail bank really is America, a hypergluttonous ward of the state whose limitless fraud and criminal conspiracies we'll all be paying for until the end of time.
Did you hear about the plot to rig global interest rates? The $137 million fine for bilking needy schools and cities? The ingenious plan to suck multiple fees out of the unemployment checks of jobless workers?
Read More: [
link to www.rollingstone.com
]
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