Whether we approve or not, the banking system of the country is the nation's lifeline of finance.

While being true we should all be legitimately concerned over these huge disbursements being given out so easily, the "toxic" buildup these establishments have incurred are just as much the private sector's fault as the greed & ignorance of the banking institutions.

These banks will suffer long & hard for their sins managing all the damaged excess we as Americans had to have but couldn't afford. I'm forced to look at it like that. They have become overseers of those who cast a reflection of irresponsibility but chose to walk away.

These banks we're assaulting don't have that luxury,, they're too busy doing damage control.

May we all learn invaluable lessons from this...

Sure the banks will get funds to pay the differeence between what they lost and their projected profits. They have a strong lobby machine in D.C.. Now if the average Joe got a check for at least $7,500. that would spur the economy big time.

These banks can file for reorganization just like everyone else. First thing we ought to do is investigate each and every one of them and put their CEO's in jail for swindling the people out of their money and homes.

Screw bank of america. Close your accts out now like I did and many of my close friends who they with out notice raised up their interest rates to default status even though they have never been late. They seem to wait until you keep a high balance and they know you can't get credit right now,so they raise your interest rate trapping you. They tried to charge me $3 for just checking my balance at an atm. They raised my monthly service fees on my checking. Hidden fees all the time. Long lines and no customer service at any branch I ever used. Worthless bank to say the least.

gerald.

those who cannot get credit right now may not have good enough credit to start with. it is silly to put all the blame on banks. as a corporation they are absolutely entitled to try and make a dollar. i am sure none of your friends have ever screwed up with a late payment. why would they fess to making that mistake? blame the large faceless bank that charges them for screwing up. your interest rate may be high, but imagine a world where you don't charge things you cannot afford and then are able to pay off your card every month? that super high interest rate doesn't really matter at that point. also, bank of america hasn't raised monthly service fees, they are just enforcing the criteria that wasn't enforced when you opened your account. stop crying and living beyond your means and perhaps banks won't be quite so scary.

Ken Lewis should be in jail for his crimes on the american tax payer. So should every member of congress that is letting these banks get away with not accounting for how the money they've received has been spent. We were all told that there were safe guards in place, that reports had to be filed. None of that has happened. Now they say they won't take the corporate jets away from the banks, Congress says they need them. UNBELIEVABLE!

This Bailout money was meant to be used in lending....but they are holding it for liquid assets and their bonus programs.....I say let them fold, there are plenty of banks out there willing to do the right thing and be rewarded for their practices
( having our business) and in turn will still exist after this downturn period....

They have let their client base down. Changing its fees and rates. A bank needs to be trustworthy, and as a credit card holder, I simply will never do business with BofA again and encourage Congress to look further into the extreme bad behavior on behalf of this Bank. Get a clue... 18.99 percent is usory and disgusting. Changing contracts on a daily basis for no reason whatsoever is a darned good reason to cease business.

I pulled my deposits out of BofA almost a year ago, over lousy customer service, low yields, and excessive fees. I’m beginning to wish I’d sold my BofA shares when I pulled out my deposits.

Do what I did, learn to trade the forex. If you don't already know how to trade, you can practice with a free $100,000 demo account by going to http://forex-currencyexchange.com , click at the top left corner link if I remember right. All you have to do is give your name and email, then you can start practicing trading.

Every single one of these crying-baby bank crooks should be taken out in public and shot in the balls, one nut at a time. Let them cry for mercy and beg for "bailout" when their own livelihood is on the line. Enough of these bloodsucking crooks! God damn every single one of them, especially those in the banking industry, and particularly BOA.

This story just angers me. Yesterday there was a report that stated that BofA and Paulsen made a "more money" arrangement based on these terms. "If we [BofA] don't get more money, we'll back out of the Merryl Lynch deal and cripple the economy."

They got 20 Billion more
They also have 25 Billion in TARP funds
The new agreement also protects them against another 118 Billion in losses.

This is all taxpayer money.

Here is my thought. If you're a taxpayer and have a BofA account, stop paying it. They have already gotten your money via the government and you no longer owe them a penny.

IMHO

I'm looking forward to closing all of my Bank of America accounts today and never doing business with BofA again. Why the hell would I continue to do business with a company that continues to ask for taxpayer money to compensate for their ignorant business decisions?

BofA is interesting are they even a US company. I seem to remember that they are owned by a foreign entity and are doing business here. It's time we bit the bullet and let them go. The banks can fold and we can continue to do business with our neighborhood banks and credit unions. It's surprising that I use my credit cards so infrequently since the banks started to issue debit cards. And yes BofA raised my rates from 8.9 to 29% even though I was never late on any payment to anyone never carry a balance for more than 90 days on any card. they will give no reason and if I close the accounts my credit score suffers. Instead I have chosen to take advantage of any 0% rate they offer and pay the account in full prior to the deadline. I have used their money to decrease the length of my home mortgage by almost 10 years while saving close to 40,000 in interest that would have been paid to that lender. I noticed recently that I don't receive the 0% offers anymore. Screw them and use them, play the game just make sure you can pay it back before the interest rate changes.

What you idot's don't realize is that when YOUR bank goes under what bank saves your ass. Anyone Anyone ? Bank Of America. And to the bail out money, thank to Bank of America more people will be able to stay in there homes and peoples money will be secured for $250,000 per depositer. So stop your god damn whinning and get a life.