onecent
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Fri Jul-17-09 07:03 AM
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| I have a question re: Bank of America. Could someone enlighten |
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me possibly?
I am hearing their name quite often in the news. I am 64 years old, and I don't understand everything I hear in our newscasts here in USA. I am not stupid....just can't seem to keep up with what everything means. I know I'm not alone.
Is there a threat of BOA going out of business? I bank I another bank also, but Im just wondering if someone might clue me in to what is going on.
Thanks for your time.
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| The_Commonist
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Fri Jul-17-09 07:30 AM
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| Sukie
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Fri Jul-17-09 07:34 AM
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| 3. Ah, so Merrill Lynch did them in. N/T |
| Sukie
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Fri Jul-17-09 07:32 AM
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| 2. I honestly don't think BOA will fail. |
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However, I am not an expert in the banking business. BOA holds my mortgage, but I am guessing if they do fail, someone else would gladly take it on...LOL
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| customerserviceguy
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Fri Jul-17-09 07:41 AM
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| 4. Just another stupid bank |
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that tries to cover up for its mistakes with jacked-up fees on customers and government bailouts.
Avoid them if you can, same goes for all the other mega-institutions, if you have a functional credit union, that's a better place to be for all concerned.
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| Burma Jones
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Fri Jul-17-09 07:42 AM
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| 5. Here's the latest news......... |
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Thu Apr 25th 2024, 11:16 AM
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