Bank of America vs. Taxpayers ? Finance ? Banking

In addition to 20 billion of TARP funds, the lending company received what’s the ring-fenced asset guarantee on 90% of your 118 billion pool of assets. In layman’s terms, B of A took 118 billion of dodgy assets, stuck them in a separate pile, and asked taxpayers to hide 90% in the losses after 1st [...]

Source: http://www.legaldebthelponline.com/2012/04/25/bank-of-america-vs-taxpayers-finance-banking/

consumer debt solutions credit card debt advice credit card debt collection credit card debt death