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Bank of America Dangerous Derivatives Deal

TheYoungTurks TheYoungTurks·15,119 videos
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Uploaded on Oct 20, 2011

The Fed is supporting Bank Of America and its $75 trillion in derivatives bets. If BOA crashes, the American government/taxpayers will be left to clean up the mess. The Young Turks host Cenk Uygur explains from the Occupy Wall Street protests in New York City.

Watch more Occupy coverage here:

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Top Comments

  • tedrusted

    November 5, 2011 is national "move your money day."  Move it to credit unions, small local banks, or online banks.

    · 10

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  • kamalalovely

    He attended "leave no child behind" schools. Just a small sample of Bush's legacy.

    · 5

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    in reply to FishizleGames (Show the comment)

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  • SundanceVacations

    The people out there need to have better worded signs if they want to be taken seriously

    ·

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  • johanexxxx

    GERALD CELENTE IS IN THE VIDEO

    ·

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  • rxc128

    I bet if you asked any person what he is talking about they would say "huh"

    ·

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  • Donnelle Gar

    You can see Gerald Celente off to the left of the screen!

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  • smadzenites

    Any percentage of $75T means a new world depression. And that's just in one bank. However, one wonders what are the actual assets these bets were made on... because it doesn't appear that anything close to this amout of money is showing up in inflation.

    ·

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    in reply to Justin Wen (Show the comment)
  • pocavedon1

    ABSOLUTELY RIGHT!!!!!!!!!! THERE IS NO LEFT OR RIGHT.....JUST PRO ESTABLSHMENT AND ANTI ESTABLISHMENT!!!!!!!

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