Post by stormbird on Oct 22, 2011 20:36:26 GMT -5
Is Bank of America trying to force the FDIC to take it over? Is this why B of A transferred $53 Trillion of Merrill Lynch derivatives to it's NA core holding company?
www.bloomberg.com/news/2011-10-18/bofa-said-to-split-regulators-over-moving-merrill-derivatives-to-bank-unit.html
BofA Said to Split Regulators Over Moving Merrill Derivatives to Bank Unit
Bank of America Corp., hit by a credit downgrade last month, has moved derivatives from its Merrill Lynch unit to a subsidiary flush with insured deposits, according to people with direct knowledge of the situation ---
www.bloomberg.com/news/2011-10-18/bofa-said-to-split-regulators-over-moving-merrill-derivatives-to-bank-unit.html
BofA Said to Split Regulators Over Moving Merrill Derivatives to Bank Unit
Bank of America Corp., hit by a credit downgrade last month, has moved derivatives from its Merrill Lynch unit to a subsidiary flush with insured deposits, according to people with direct knowledge of the situation ---