the people who made an agreement will ultimately be out on their ear.....banks have to do it to these morons-there should be a debtor's prison.You signed "all" that paperwork-you owe the dough.Banks will come out of this fine w/ full support of US Government.BAC to 20 in 1 Year!!!!!!
Moneywizard view is correct and I expect Gov. to do little and banks will quickly resolve the issue. Fear selling is foolish...buy the 52 week low.
borrows lied and cheated...
Exactly what is the stock price of a nationalized bank?
You have it right wizard. Weekend passed with nothing new and the bank "scare" is yesterday's news. Shorts trade on headlines and then get out (at least the smart ones do)we look at what is material.