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75 trillion dollar BOA derivative risk exposure transferred to taxpayers
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John Burns
Posted 10/19/2011 23:38 (#2011756 - in reply to #2011514)
Subject: RE: Wydave, question on BAC



Pittsburg, Kansas

Good article on the legal liabilities.

The good news is someone is taking the banks to task.

The bad news is, we probably will end up either bailing them out again or nationalizing them in the end.

At least it will be a moral victory.

John

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