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How Was March a Bad Month?

These "mega banks" like Citi and Bank America need to be up front with people and not paint a picture that isn't.

When they said "we are making a profit" in Jan and Feb, from what I've read, they didn't tell the rest of the story nor did it change their situation with the mortage paper problems. They are just hoping for a accounting change which really doesn't put them in any better position and it would allow them to continue business as usual.

Personally, I believe people should switch to their local Credit Unions and home town banks that operate within their own state.