MaineLobster

America's Banks: Are They Really Insolvent?

Don't forget to list the banks exposure to other derivatives.

Bank of America: (as of Sep 30, 2008)
Total Assets:1.8 Trillion
Total Derivatives: 39.98 Trillion

www.occ.treas.gov/ftp/...

Flip to page 23 and feast your eyes! There is nothing like taking all your assets, flying to Vegas and putting it all on Black.