to assist with PPIP implementation. That's $30 billion ... time to start calling BAC and Blackrock bad names and yelling at them. I'm sure it will mean something.
If Goldman can do it, others will too. So, that means good luck trying to buck against them.
Link please?So banks are using blackrock or whatever as conduit to bid up their own "legacy" assets? If that's case then banks will double their share price in one week.This lunacy has to end. Maybe it will come after the congressmen sold off their banks shares.
DON'T TRUST ME ... Go to Bloomberg - use the phrase(s) in their search article box. That's "bank of america" and "blackrock" ... "PPIP" and "$30 billion".