Godlike Productions - Discussion Forum
Users Online Now: 2,246 (Who's On?)Visitors Today: 1,632,622
Pageviews Today: 2,385,638Threads Today: 654Posts Today: 13,473
07:26 PM


Back to Forum
Back to Forum
Back to Thread
Back to Thread
REPORT ABUSIVE REPLY
Message Subject Bank of America sued by US for $1B
Poster Handle Anonymous Coward
Post Content
Ahh so this is how the Government launders money.


They get BOFA to buy Countrywide....then start QE1 and QE2 and give BOFA enough cash to get going again, then print a billion dollars...then sue BOFA.

So BOFA goes back to that FDIC money window, gets a printed billion dollars, then gives it to the government.

So that billion that never existed is now real.....


Neat little operation they have going there...
 Quoting: FatalW1shes


This practice is widely supported by both major parties. But that does not matter.
 
Please verify you're human:




Reason for reporting:







GLP