Fed lets Bank of America insure multi-trillion dollar derivative (gambling) loss with FDIC insurance

Fed lets Bank of America insure multi-trillion dollar 
derivative (gambling) loss with FDIC insurance
http://www.realecontv.com/page/5513.html

 

If Europe implodes - and there's little chance it 
will not - then Bank of America's derivative 
position will go to sub-zero and if the FDIC is
 insuring their losses, that will be the end of 
the FDIC which means every bank deposit in 
the US will be uninsured.

 

 

 

Actions:

 

Sign the Move Your Money pledge if you've stopped 
banking with Wall Street or you're ready to start the 
process to close an account.  
http://www.rebuildthedream.com/move-your-money/

 

 

 

Move Your Money
http://moveyourmoneyproject.org/

 

The Move Your Money project is a nonprofit campaign
that encourages individuals and institutions to divest
from the nation's largest Wall Street banks and move 
to local financial institutions.

 

Little has changed to prevent another financial 
crisis or to end 'Too Big To Fail,' 
and with Congress unwilling to act, we are encouraging 
individuals to take power into their own hands by voting 
with their dollars and no longer contributing to a financial 
system that has led our country astray

 

Find A Bank/Credit Union
http://moveyourmoneyproject.org/find-bankcredit-union

 

 

 

Transfer accounts to financial institutions that support
the 99%
http://tinyurl.com/3uhuxu9