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Bank of America: Too Crooked to Fail - Rolling Stone Magazine

 
Kinect
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03/14/2012 04:39 PM
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Bank of America: Too Crooked to Fail - Rolling Stone Magazine
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]
"The more we do to you, the less you seem to believe we are doing it." - Josef Mengele

"You can't fix stupid" - Ron White

"Whatever you do in life, leave it better than you found it."
Anonymous Coward
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03/14/2012 04:41 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
I stopped doing business with BofA when then transferred all the derivatives onto their balance sheet last year. I move to a small private bank and could not be happier.
Kinect  (OP)

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03/14/2012 04:48 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
I stopped doing business with BofA when then transferred all the derivatives onto their balance sheet last year. I move to a small private bank and could not be happier.
 Quoting: Anonymous Coward 3693501


Same here. Where I bank now (local hometown bank) they actually pay me around $25-$45 average a month on my checking account.
"The more we do to you, the less you seem to believe we are doing it." - Josef Mengele

"You can't fix stupid" - Ron White

"Whatever you do in life, leave it better than you found it."
Anonymous Coward
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04/02/2012 11:32 AM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
Pinning. 5 *'s

and a Karmafist.
Anonymous Coward
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04/02/2012 11:38 AM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
They just stole over $3,000.00 from me out of my escrow account. Any ideas on how to take it back or cost them the same, I mean within the bounds of the Law? Bad enough they were in the top three of TARP bail out monies with our Tax Dollars and then they pull this _____ _____. Oh yeah they got it coming.
Bluepill

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04/02/2012 11:41 AM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
F#*K Taibbi ! My 12 year old knows the financial system is corrupt. That POS is a MSM 911 denier. Look up his debate with David Ray Griffin. Griffin absolutely schools him. It was embarrassing how "uninformed" he is about the ONLY event that really matters....
Anonymous Coward
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04/02/2012 12:32 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
bump
Kinect  (OP)

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04/02/2012 12:33 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
Pinning. 5 *'s

and a Karmafist.
 Quoting: Brisketball


Wow! Thanks for the pin Brisketball! hf
"The more we do to you, the less you seem to believe we are doing it." - Josef Mengele

"You can't fix stupid" - Ron White

"Whatever you do in life, leave it better than you found it."
Anonymous Coward
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04/02/2012 12:38 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
Pinning. 5 *'s

and a Karmafist.
 Quoting: Brisketball


Wow! Thanks for the pin Brisketball! hf
 Quoting: Kinect


This stuff needs to get out. Good job man!
Anonymous Coward
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04/02/2012 12:42 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
bump
Kinect  (OP)

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04/02/2012 12:43 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
Pinning. 5 *'s

and a Karmafist.
 Quoting: Brisketball


Wow! Thanks for the pin Brisketball! hf
 Quoting: Kinect


This stuff needs to get out. Good job man!
 Quoting: Brisketball


Thank you sir! I agree, too many of this goes along unnoticed.
"The more we do to you, the less you seem to believe we are doing it." - Josef Mengele

"You can't fix stupid" - Ron White

"Whatever you do in life, leave it better than you found it."
Anonymous Coward
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04/02/2012 12:44 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
They just stole over $3,000.00 from me out of my escrow account. Any ideas on how to take it back or cost them the same, I mean within the bounds of the Law? Bad enough they were in the top three of TARP bail out monies with our Tax Dollars and then they pull this _____ _____. Oh yeah they got it coming.
 Quoting: Anonymous Coward 13656131


What reasons did they give you for the $3,000 to come out? Just curious because I am about to close on my house tomorrow and my broker just now told me the loan (that is supposed to be with a smaller bank) may be sold off to BoA or Wells... I am so pissed off after she said that.
Kinect  (OP)

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04/02/2012 12:47 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
They just stole over $3,000.00 from me out of my escrow account. Any ideas on how to take it back or cost them the same, I mean within the bounds of the Law? Bad enough they were in the top three of TARP bail out monies with our Tax Dollars and then they pull this _____ _____. Oh yeah they got it coming.
 Quoting: Anonymous Coward 13656131


Sorry to hear that. They will pay the piper.
"The more we do to you, the less you seem to believe we are doing it." - Josef Mengele

"You can't fix stupid" - Ron White

"Whatever you do in life, leave it better than you found it."
stefanos
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04/02/2012 01:06 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
The turd is too big to go down the hole.
Anonymous Coward
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04/02/2012 01:10 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
Too Crooked to Fail - Very clever and yet so dam true
One with The One

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04/02/2012 01:12 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
At long last, the real blood-sucking vampires are being revealed. Now that they've grown so fat and believe they can't be dethroned because the world can't survive without them. Humpty Dumpty sat on the wall...
i am
Anonymous Coward
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04/02/2012 01:32 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
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.
Anonymous Coward
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04/02/2012 01:34 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
I think we all have similar feelings about BofA, but obvious socialist propaganda is obvious.
Anonymous Coward
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04/02/2012 01:43 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
Irony of it is Taibbi thinks 9/11 was done by guys armed with boxcutters. He's like a cat watching TV.
Anonymous Coward
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04/02/2012 01:46 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
The bank has defrauded everyone from investors and insurers to homeowners and the unemployed. So why does the government keep bailing it out?

 Quoting: Kinect


ohappy
Anonymous Coward
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04/02/2012 02:42 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
Irony of it is Taibbi thinks 9/11 was done by guys armed with boxcutters. He's like a cat watching TV.
 Quoting: Anonymous Coward 5135901


Unfortunately the programming for the "unbelievable" nature of the situation means that you have to take a series of baby steps to get to the truth.

This is the same reason Ron Paul avoids the topic, he has to appeal to a broad audience and not rock the boat so much that he alienates the sheep.

No matter what Taibbi's opinion on 9/11, he is definitely a bulldog on the financial frauds, and avoiding 9/11 makes him more effective in that field so I don't complain even if I know better.
nzreva

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04/02/2012 02:43 PM

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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
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]
 Quoting: Kinect


We left them long ago.
GodFrequency

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04/02/2012 02:45 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
gave Karma for this one, I usually don't bother, but I had to share something.
Anonymous Coward
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04/02/2012 03:46 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
GREAT ARTICLE
Anonymous Coward
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04/02/2012 03:47 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
This is slow and controlled leakage of truth by TPTB, and it will keeping continuing at this rate.

What next?

They will finally start to hint at us that 9/11 was an inside job?

chuckle
Anonymous Coward
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04/02/2012 03:49 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
yeah the problem is totally isolated to Bank of America.

nevermind Wells Fargo or Goldman Sachs
Anonymous Coward
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04/02/2012 03:53 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
This is slow and controlled leakage of truth by TPTB, and it will keeping continuing at this rate.

What next?

They will finally start to hint at us that 9/11 was an inside job?

chuckle
 Quoting: Anonymous Coward 13699560


One has to wonder why is TPTB slowly disclosing the truth like this?

Unless they want to start mass uprisings to clean the house, and bring in a "new world order" out of the ashes like a rising phoenix...

ORDO AB CHAO

Idol1
Anonymous Coward
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04/02/2012 03:53 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
F#*K Taibbi ! My 12 year old knows the financial system is corrupt. That POS is a MSM 911 denier. Look up his debate with David Ray Griffin. Griffin absolutely schools him. It was embarrassing how "uninformed" he is about the ONLY event that really matters....
 Quoting: Bluepill


Come on - in reading that article, and knowing Matt Taibbi is a smart cookie, doesn't it occur to you that Matt "played" the role of the antagonist deliberately?

He was poorly researched. He was ignorant of key facts. He demonstrated blind obedience to the goverment report - frankly he did all the things a somewhat unintelligent debunker would do - because he knows 911 was an inside job and he played the role of protagonist on purpose.

You need someone smart to debate with the Professor on 911 and to debunk the Professor.

In the end, as you correctly stated, the Professor ran rings around Matt, and quite obviously so.

In that case, anyone not believing in 911 conspiracy, and respecting of Matt's journalistic qualities (whether stupid, intelligent or ignorant) would then have a pretty profound reason to then begin to think a little harder as to whether it was indeed a conspiracy.

TY
Anonymous Coward
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04/02/2012 03:57 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
Everyone who works, earns a wage and brings home a paycheck, and so a part of that paycheck goes to the govt. We pay taxes and that isn't really too bad of a deal. So we give a small amount to the govt. and pay the bills, ect. and what we have left over, we put into savings. Well, that amount we have left over to put into savings is much more than we are putting towards the running of our govt. So already, banks have more income than govt. to run their affairs. And the ideal of savings is to save more and more money and let it accumulate interest. So it doesn't serve any interest other than to empower the banking authority in what ever their goals may be. Govt. on the other hand, pays for it's operation as it gets the money, so it has to operate within a budget.

So our labor is being harnessed when we put money into savings. Why have slavery when you can harness peoples power this way? In the end, if we were to close our account, we'd get our money back plus whatever interest we made - but in the duration it's being used - harnessed - so the bankers can wield their power. So banks are much more powerful than govts. Banks can then influence govt. to operate as they want them to operate.

Banks are above govts. and above the law. Why? Because we give them all our money and they in turn use the harnessed wealth to subvert our govts. to their governance. It's not so hard to do when you've harnessed most of humanities wealth. We'll sit and complain about having to pay taxes, but we'll gladly give all our excess income to the banks who'll in turn use it's power to subvert our govt.

They've convinced everyone that wealth is savings, but their wealth and yours is tied together. And they govern your wealth - you just receive a little interest. It's parasitic.
Anonymous Coward
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04/02/2012 04:00 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
Starve the beast! They don't give loans anyways just create the money from you! When will people start waking up to this shit. Most loans get sold off because they are scams! No credit cards,no car payment no mortgage no problem!!
GOLDSTONE REPORT
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04/02/2012 04:04 PM
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Re: Bank of America: Too Crooked to Fail - Rolling Stone Magazine
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]
 Quoting: Kinect
............. TRUE , and the GOP / AIPAC / JINSA/ WINEP / PULTEGROUP scheme of oil speculation and rigging of EPA investigations into water pollution and environmental assaults by corporations who hide behind a corporate veil.





GLP