[rabscuttle385]

*Ping!*

[pnh102]

Hopefully el Banco Del Messico will croak for good. Jerks.

[April Lexington]

Oh, no! Who would have ever guessed that B of A might need more taxpayer money(oooppps, I forgot, we are only borrowing the money from the Chinese)to clean up the ML cram-down.

Them boys been had!

[April Lexington]

The bank probably needs to maintain a tangible equity ratio of 6% to 9%, he said. "It would take over $80 billion of new common equity to reach even the low end of the range, and we believe Bank of America simply is not generating sufficient capital internally in this environment to put a dent in this size capital hole."

Them fellas is BROKE!

[KoRn]

A few million would set my family right!

[TheBattman]

Please let them fold. Please. The US Taxpayer cannot afford to bail out this king of bad business. Period. It is a bottomless hole that will fill in quicker if they are allowed to die.

[GeronL]

Bankrupting America. How many trillions in ‘bailouts’ this year?

[spokeshave]

TARP 3X3 coming right up (you known what)

I guess a 3X3 is less painful that a 4X4

[steelyourfaith]

BofA used to be based in San Francisco, I believe.

So, does this effect FDIC insured money market account?

[Deo volente]

It’s like throwing money into a black hole. It just gets sucked up and disappears.

WHY did Bank of America think that it could buy the toxic waste of Countrywide Financial and the failing Merrill Lynch and make it all work out? And now they expect the taxpayers to set things right???

The government should just say, “NO!!!”

[monkeyshine]

If you give me 5 to 1 I’ll bet $100 that Goldman Sachs (where Paulson (TARP Money Man) is headed) attempts to merge with BAC.

[BellStar]

Bank of America Military Bank has the largest number of service peoples accounts of any bank. That is scary as these people are vulnerable to so many foreign hackers in this shaky financial institution.

[TigersEye]

Hey, I need a lot less than that to keep going. Just stock my account and I’m ready to start feeding the economy right away.

[9YearLurker]

Why is the bank paying dividends to shareholders when taxpayers are having to pour billions in?

[dennisw]

Meredith Whitney Predicts Banks Need More Capital (BAC, C, JPM, WFC)
	01/09/2009 5:41:17 AM PST · by dennisw · 1 reply · 320+ views 247 wall st ^ | January 7, 2009 | Jon C. Ogg Oppenheimer's star banking analyst Meredith Whitney slammed the banking giants yet again this morning. The difference between today's note and her prior criticisms, is that now she expects that many banks will need to raise additional capital in 2009. She sees additional loss provisions at Bank of America Corp. (NYSE: BAC), Citigroup Inc. (NYSE: C), JPMorgan Chase (NYSE: JPM), Wells Fargo & Co. (NYSE: WFC), and at other banks in her universe. Yep, Meredith Whitney is putting banks back on the stretching rack and into the Iron Maiden. JPMorgan Chase (NYSE: JPM) is the bank which Whitney sees to have...

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[Tolerance Sucks Rocks]

And guess who's gonna pay?