Thread: Bank of America Corp. and Citigroup Inc. NEED MORE CAPITAL!

Give me a BREAK!!!!


U.S. Fed Says Citi, Bank of America Need More Capital, WSJ Says

By Chris Peterson

April 28 (Bloomberg) -- Bank of America Corp. and Citigroup Inc. are being told by U.S. regulators that they may need more capital as a result of the so-called stress tests, the Wall Street Journal reported, citing people familiar with the matter.

Bank of America's shortfall comes to billions of dollars, the newspaper reported; both banks are objecting to the Federal Reserve's preliminary report on the tests, and are expected to mount a detailed rebuttal, the Journal added.

Wells Fargo & Co, Fifth Third Bancorp and Regions Financial Corp. are all expected by analysts to need more capital, the Journal reported.

http://www.bloomberg.com/apps/news?pid= ... refer=home

Giving money to crooks, thieves, ITIN numbers of foreigners, and illegals then "We the People" are to pay the debts .

Sickening isn't it. Boy I wish they'd get to the bottom of this and arrest people and put the people who are responsible out to dry, instead of ignoring it and expecting us to foot the bill. NOT MY PROBLEM!!!! I don't deal with any of these companies!!

The banks are almost as full of crimnals as Obama and his administration. Let the illegals bail them out since they are the only peope that have jobs in our country!