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xmas13 · 10-07-2008, 09:41 PM

Rumors about Bank of America solvency (nice -26% today), the bank collapses (like Belgium's Fortis).

Next day, there is a limited bank run on BoA (like with UK's Northern Rock).

Even a limited bank run would be advertised in the media, extends to Citi and Chase. Stock markets would implode, banks freeze operations...etc.

10-07-2008, 09:41 PM
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	Black scenario - BoA, Citi, JP Morgan, Big Three collapse Rumors about Bank of America solvency (nice -26% today), the bank collapses (like Belgium's Fortis). Next day, there is a limited bank run on BoA (like with UK's Northern Rock). Even a limited bank run would be advertised in the media, extends to Citi and Chase. Stock markets would implode, banks freeze operations...etc. __________________ ICQ 557504926 Last edited by xmas13; 10-07-2008 at 09:42 PM..