Wednesday, May 06, 2009

shut it DOWN

Bank of America needs a mere $33.9 billion cushion to withstand a bad economy.

Why put taxpayer money into this just to be a shareholder?

Do like the FDIC routinely does to banks that have failed. Shut them down. Shareholders and executives lose some $$$. Shame. Clean them up. Find a buyer, and get it going again.

No trying to carry it along like a financial zombie, neither dead or alive. Put a stake thru its heart (sorry I'm mixing my monster metaphors) clean and quick.



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