Sixteen bank failures this year?
Fed buying 40% of Citibank?
Here's an interesting thought...Some years ago I worked at Citibank, and while I was there, Citi bought some Bank of America credit card accounts.
So, I am a Pittsburgh Steelers fan, and get an email offering me a Steelers branded credit card. Nothing in the email alludes to what company it is from; so, I clikk the link and start filling out the application.
Then I find a link that allows me to look into the parameters surrounding the card.
Well, shucky-durn, right there in black on white, is "Bank of America".
Funny, how that all works out!