From:   David DeGraw <David@AmpedStatus.com>
Sent time:   Tuesday, October 18, 2011 6:29:53 PM
To:   september17@googlegroups.com
Subject:   SPAM-MED: Re: [september17discuss] Bank of America and JP Morgan Shifting Losses Onto US Taxpayers
 

suggest we make a statement similar to this one at BofA and Fed bank locations in mass actions ASAP:

something like: "This is yet another example of systemically dangerous institutions, big banks like BofA and JPM, once again attempting to shift billions in losses onto the backs of hardworking Americans.  The fact that the Federal Reserve supports this action demonstrates Ben Bernanke's complicity and/or gross incompetence in supporting the Wall Street elite at the expense of tax paying citizens.  We will not allow this transfer of risk to be placed upon the backs of our fellow American citizens."

we come out strong against this and we will put all the big banks on notice, any more attempts to transfer losses onto the public will be met w/ direct action.


On 10/18/2011 6:34 PM, Martin Kaminer wrote:
Too big to fail . . . 

On Tue, Oct 18, 2011 at 6:25 PM, David DeGraw <David@ampedstatus.com> wrote:
the news below has been spreading around several email groups today.  BofA and JPM are shifting potentially HUGE EU-related losses onto US taxpayers.  A very scandalous / ominous move, to say the least:

HOLY BAILOUT - Federal Reserve Now Backstopping $75 Trillion Of Bank Of America's Derivatives Trades

http://dailybail.com/home/holy-bailout-federal-reserve-now-backstopping-75-trillion-of.html

we should take action against this. any ideas?



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