Bank of America going out of business 2011

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Uploaded by on Mar 18, 2011

See why Bank of America will go out of business

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Uploader Comments (Newyork2CA)

  • Well it is Nov, 26, 2011 and they are still in business. 

  • @patteel They received $5B from buffet are still in dire straights. Wise up!

  • First off... Even if Bank of America failed, or went bankrupt... your deposits are FDIC insured up to like ... 250,000 bucks or something like that. The government backs your deposits. It's the people that have more than what the FDIC insures that should be worried. Your average joe with a checking account isn't going to lose a dime.

  • @thedarkdomino I Agree your money is safe but after they go out, it could take auditors months to verify you and cash you out. Why risk it.

  • @thedarkdomino I Agree your money is safe but after they go out, it could take auditors months to verify you and cash you out. Why risk it. Now they are charging you to use your own money via your debit card.

  • Wow! thanks a lot for this!!!! whoever you are, you might be saving my ass! But wait, I bet theres a way they can dodge this? another bail out right? but are you saying they will suddenly file bankrupcy? I have money with BOA! would it all be gone if they did? no chance of recovery? could this be the threatening wikileak?!

  • @eduardoobregon I guess the feds could bail them out again, not sure the repubs would allow it a second time. I have no ties to wiki...just trying to warn a few folks before the bank closes. I work there every day and it's getting worse. Please forward the video link to as many friends and family as possible.

    --Thank you.

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All Comments (13)

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  • All refinance customer are having to jump through hoops to get their loan done. First their told 60 days -then it's another 30 and another 30-more like a 4-5 month process on refinances. Why put the borrower through this???Wouldn't it be easier to stop offering mortgage loans-than to provide LOUSY customer service & break your word month after month ???

  • They already received a $5 billion dollar bail out from Warren Buffet under the table from obama. Is anyone on here dumb enough to think that Buffet was going to invest in one of the worst positioned banks in the industry unless Obama asked him to do it so he wouldn't have to give another bailout during the election period.

    BofA would be out of business if Obama hadn't had buffet do a bailout under the table so voters wouldn't see another failure while solyndra scams are still in the news

  • @jstets1978 I couldnt get shit from your comment, I commented on this months ago dumbass, not sure if you are pro-boa or wtf but atleast try to get your point across in a comprehensive way.

    Recent news reminded me of this vid! great call Newyork2CA

    watch?v=SN4AG3U9RT4&feature=fe­edu

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