Bank of America sucks and blows

[01RedDX]

.

[4lti]

:rofl: :rofl:
What the hell?!
Those are some funny ass websites hahhaha.

[ZenOps]

Haha. I blame the compaqsucks dot com guy.

He seriously did some major damage by shining light on the company. As always the truth hurts, especially when you shine light on zombie companies.

I am personally happy that Citibank quietly sold its credit card division to CIBC for all its Canadian clients. There is no way that CitiUS would have the capacity to hunt down 1 million or so delinquent $200 owing Canadians. They are going to be much harder hit - hunting down maybe 80 million or so US major delinquents ($1000+) and house forlorners ($100,000+)

Whoops, maybe I've said too much.

[Pahnda]

Originally posted by ZenOps
Stuff

When you post you should try putting footnotes in there for all your figures, statistics, etc....

[ZenOps]

Originally posted by Pahnda


When you post you should try putting footnotes in there for all your figures, statistics, etc....

Sure...

http://micro.newswire.ca/release.cgi?rkey=1806144708&view=14730-0&Start=0&htm=0

Citi and Bank of America will not release solid numbers, but my estimates are based on assuming debt based on 44,000 per capita in the US in relation to Canada at around 20,000 (and nowhere near Irelands half million)

http://www.newswire.ca/en/releases/archive/September2010/01/c6605.html

"Citi Cards will act as a sub-servicer of the assets on behalf of CIBC for an interim period. In connection with the sale transaction, $285,413,851.51 of receivables from 1,350,639 accounts were removed from the pool of accounts subject to the securitization on the basis of delinquency or low credit scoring." Thats basically the sub-prime Canadians, about $200 for 1.3 million heads.

I leave it up to Assange to give out the real numbers for the US, which I give a 50/50 chance of destroying either Citi or Bank of America.

Read whatever you want into that.