Gone in 60 Days: Citi and Bank of America Won’t Live to See May

11/01/2009 • godlikeproductions.com

Citigroup (C) and Bank of America (BAC) won’t live to see May. The government will take them over within the next 60 days. The announcement may come as soon as tomorrow evening.

2 Comments in Response to Gone in 60 Days: Citi and Bank of America Won’t Live to See May

Comment by phennommennonn

Entered on: 11/1/2009 11:40:03 PM

The full commentary was missed in the paste - Shit happens.

****Remember this article? Cliff High/Halfpasthuman, has predicted a tipping point, for Oct 25, then delayed bank doom until Oct 27. We saw CIT heading into bankruptcy. Hence we begin a turning point. With 9 more banks failing this weekend, and the FDIC running on fumes it is only a matter of time. Many banks have been 'changing' their systems over with minimal banking disruptions (Wells being one), the question remains, what did they change over to?

Comment by xylar

Entered on: 11/1/2009 9:23:41 PM

Old News: Orginally posted in February this year.

Make a Comment (2) • Email Link • Send Letter to Editor