OHIO AG: RICHARD CORDRAY ON BANK FRAUDCLOSURE 10-28-2010

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If the large five banks (80 percent of US finances) are taking heavy losses from state fines, sanctions, investors lawsuit or lose property to borrowers, they will simply threaten to crash the banking system unless the Fed gov comes up with another bailout for their losses.  New Congress in 2011 will face two lousy choices, bailout the banks and piss off the voters, or let the banks crash and piss off the voters.