We can go with "trillions of dollars in derivatives". Or we can say "75 trillion", and if they say "no, it's only 37 trillion", then we can be like "ooooohhhh yeah! we just got you to disclose that shit!"
On Tue, Oct 18, 2011 at 10:43 PM, David DeGraw <David@ampedstatus.com>
that would be great, but we don't know the exact total amount, it's kept a secret, which is a scandal within itself.
"We denounce Bank of America's transfer of high risk derivatives to its federally insured accounts. This is yet another example of systemically dangerous institutions, big banks like BofA and JPM, once again attempting to shift potentially substantial 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."
On 10/18/2011 9:58 PM, email@example.com
Does anyone think it is possible for the GA to agree something short and sweet like, "We denounce Bank of America's transfer of $76trillion in derivatives to its Federally insured accounts."
If we said it, it would be widely disseminated, instead of swept under the rug. And its not a demand.
On 10/18/11, David DeGraw<David@AmpedStatus.com> wrote:
suggest we make a statement similar to this one at BofA and Fed banklocations in mass actions ASAP:
something like: "This is yet another example of systemically dangerousinstitutions, big banks like BofA and JPM, once again attempting toshift billions in losses onto the backs of hardworking Americans. Thefact that the Federal Reserve supports this action demonstrates BenBernanke's complicity and/or gross incompetence in supporting the WallStreet elite at the expense of tax paying citizens. We will not allowthis transfer of risk to be placed upon the backs of our fellowAmerican citizens."
we come out strong against this and we will put all the big banks onnotice, any more attempts to transfer losses onto the public will bemet w/ direct action.
On 10/18/2011 6:34 PM, Martin Kaminer wrote: