FEDERAL RESERVE NOW BACKSTOPPING $75Tril. OF BOE'S DERIVATIVES!
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FEDERAL RESERVE NOW BACKSTOPPING $75Tril. OF BOE'S DERIVATIVES!
http://dailybail.com/home/holy-bailout-federal-reserve-now-backstopping-75-trillion-of.html
TL;DR: bank of america dumped its derivatives into the banks of europe, and the fed is insuring those derivatives,so we are now responsible for europe's debt, they collapse we are stuck holding the bag
TL;DR: bank of america dumped its derivatives into the banks of europe, and the fed is insuring those derivatives,so we are now responsible for europe's debt, they collapse we are stuck holding the bag
Last edited by Toaster on Thu Oct 20, 2011 11:35 pm; edited 1 time in total
Toaster- Posts : 73
Join date : 2011-10-07
Location : follow @toasterrr
Re: FEDERAL RESERVE NOW BACKSTOPPING $75Tril. OF BOE'S DERIVATIVES!
This is treasonous.
Aeropsia- Posts : 18
Join date : 2011-10-06
Re: FEDERAL RESERVE NOW BACKSTOPPING $75Tril. OF BOE'S DERIVATIVES!
Anyone willing to organize mass BoA strikes or walk outs? I work for BoA, BTW.
Re: FEDERAL RESERVE NOW BACKSTOPPING $75Tril. OF BOE'S DERIVATIVES!
looks to me like they are getting ready to jump ship
Toaster- Posts : 73
Join date : 2011-10-07
Location : follow @toasterrr
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