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well, it’s nice to know that all the pounding i’ve been doing about bac,and how all other banks are filling it with toxic paper has made it’s way onto max kiesers’ site, as well as zh. nice to know that more people come here read something, then take it to another site and repeat almost word for word…….lol……
@drummer,
i think everyone knew this, but were afraid to admit it….
whats to be afraid of? and why cant they just say, ,it’s the next lehman….i was just researching the options chain for bac.take a look at just the puts going all the way to jan 13. ha, if as picture paints a thousand words……………. then the shorts will just kill em.only after the toxic paper gets thrown in there, and with a hundred cents on the dollar…… wonder how much jp morgue and the squid are shorting them on their prop desks?
@drummerboy,
doubt it is the next LEH for many reasons…but the certainly have problems too.