"For the American people, these moves by Bank of America and JP Morgan should be severe warnings to just how bad the global credit crisis is becoming, and the potential for over $100 trillion in derivatives to be thrust on the US taxpayers. It is ironic that Merril Lynch once again is the center of controversy for too big to fail, but this time, there may not be enough dollars in circulation to save the banks should the worst case scenario come to pass."
Thanks, Benadict Bernanke. Thanks a trillion.
http://www.globalresearch.ca/index.php?context=va&aid=27106


Salon.com
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