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Bank of America Scrambles to Defend Against Wikileaks Threat

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albusteve1/03/2011 10:01:39 am PST

re: #466 Killgore Trout

I don’t think there’s much to investigate. They failed because the Feds refused to bail them out. There’s some debate about how that decision made the recession worse by causing uncertainty about the rest of the financial institutions but other than that there’s not a lot of mystery there.

more oversight and regulation, proposed by both McCain and Bush were heavily resisted….very bad judgment or is there more to it?