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Rumor Mill News Reading Room Archive

3 SOURCES SAY BANK OF AMERICA FILED BANKRUPTCY

Posted By: Rayelan
Date: Tuesday, 14-Sep-2004 21:54:54

Here is the chronology of messages that our agents have been compiling in the lounge until we felt we have enough information to bring this forward. If anyone has heard about it or knows where we can find more information on this... please let us know.

Needless to say, this is exactly what I have been predicting would happen right before the Federal Reserve is disolved and replaced by a United States Treasury Bank whose money is backed by gold.


RUMOR: BANK OF AMERICA FILING BANKRUPTCY TODAY

Posted By: Rayelan
Date: Monday, 13 September 2004, 10:14 a.m.

A reader from the East Coast called early this monring...
My husband took the message. the reader said that Bank of America was filing bankruptcy today and two other large banks will file this week.

This is in keeping with the bankruptcy of the FED and the establishment of US treasury banks.

Raye


Hello all. V.K. Durham forwarded this information to me over the week-end as well. Somebody called her in the early morning as well, somebody she was confident wasn't giving her a lot of b.s., et cetera.

How can such a filing be put down on the table in a federal court and not make the news ?? Really ?

She said Morgan-Chase is next. And, she also said that China has taken possession of over a thousand tonnes of gold in the last week.

Patriotlad



Email from VK Durham:

Check tomorrow 15th of September or it may not show up till 16th of September, for the Los Angles, Calif. Federal District Court for the bankruptcy of Bank of America, Baltimore, Maryland Federal District Court, for Citi Bank's bankruptcy and J.P. Morgan/Chase in New York, N.Y. Federal District Court. The Federal Reserve should follow with their bankruptcy on the 16th or 17th of September. This is over the 400 trillion dollars of gold derivertives owed to Germany, Russia, France and China.

It is believed that Neil Bush told China where there was 9.1 Trillion Dollars worth of Gold in the Phillipines and China went and got it but this gold belongs ot Germany, from World War II. Guess that Bush was trying to buy more time for this is a little over half of what is owed to China. Where did Neil Bush get the right to give away someone elses gold???

It looks like things are starting to happen for all of us.


HERE IS TEXT OF EMAIL I GOT ON BANK OF AMERICA

Note: The email says Fri Sept 11 - but Sept 11th was a Saturday...

EMAIL:
Anthing on the rumor that Fri., Sept 11th in Federal Court in L.A., Bank of America filed bankrupcy. Derivaties said to be the problem. Also stated that Chase, Citi, J.P. Morgan and Bank 1 to follow.



Not time to PANIC. But the banks are in the process of changing over. It is time for action..while holding your cool. Go get enough money for 2 or 3 weeks use. This is a good thing. My info..is not for the eyes of everyone...but if you're really interested..I can forward it to you personally. This has been in the works for years...It is expected...and looked forward to.GOOD THINGS ARE COMING. Blessings CW


BOA MAJOR LENDER /PARTNER WITH US AIRWAYS (BANKRUPTCY)

Posted By: agent777

Posted on Tue, Sep. 14, 2004

http://www.miami.com/mld/charlotte/news/9657543.htm

BofA isn't likely to face big losses

RICK ROTHACKER AND STAN CHOE

Staff Writers

Bank of America Corp. is a major lender and a credit card partner with US Airways, but does not look to be a big loser in the airline's bankruptcy filing.

The Charlotte-based bank was a chief participant in a $1 billion loan made to the carrier as it exited bankruptcy protection for the first time in 2003. But $900 million is guaranteed by a federal loan program.

Of the remaining $100 million, Bank of America loaned $25 million, and the Retirement Systems of Alabama -- one of the airline's biggest investors -- loaned $75 million. In March, the airline paid back $6.25 million to Bank of America and $18.75 million to the Alabama pension system. It also reduced the federally backed loan by $225 million.

The bank declined to comment Monday on its lending exposure to US Airways. In its latest quarterly earnings report, the nation's No. 3 bank in assets said it had total exposure from commercial loans, leases and other obligations of about $283 billion, about 4 percent from the transportation industry.


If anyone has anymore information on this, please send it to us.

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Articles In This Thread

3 SOURCES SAY BANK OF AMERICA FILED BANKRUPTCY
Rayelan -- Tuesday, 14-Sep-2004 21:54:54
MANY BANKS ARE GOING INTO BANKRUPTCY
TONZAL -- Wednesday, 15-Sep-2004 00:58:35
IF THE SECRET'S COMING OUT, WHAT WILL BE BLAMED?
Rayelan -- Wednesday, 15-Sep-2004 01:19:40
THERE IS ALWAYS 'JUPITER ALIGNING WITH MARS'! NOW!
Esclarmonde -- Wednesday, 15-Sep-2004 02:27:16
FED HAS BEEN EXPECTING KNOCK ON THE DOOR?
Esclarmonde -- Wednesday, 15-Sep-2004 01:49:18
3 OR MORE HURRICANES?
WhiteRaven -- Wednesday, 15-Sep-2004 06:25:15
CONNECTING A FEW MORE DOTS ???
Questionnairy -- Wednesday, 15-Sep-2004 10:10:54
READERS SEND IN INFO ON BANK OF AMERICA
mailbag -- Thursday, 16-Sep-2004 13:48:20
BANK OF AMERICA TO RELEASE QUARTERLIES SOON
mailbag -- Thursday, 16-Sep-2004 13:50:55
BOA FILING WITH THE SECURITIES & EXCHANGE COMM. 9/13/04
mailbag -- Thursday, 16-Sep-2004 13:57:48
THESE SECURITIES MAY NOT BE SOLD TO AMERICANS...WHY?
Esclarmonde -- Thursday, 16-Sep-2004 23:55:47

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AN EXPLANATION OF THE FACTIONS