Bank of America Trying To Stick Taxpayers With A $74 Trillion Bill By Moving Derivatives Into FDIC-Insured Accounts

And this is why we've been screaming about regulating derivatives! I kind of think that the Occupy movement is going to have something to say about this corporate sleight of hand that came to light earlier this week. Do they really think we're going to look the other way and let them stick us with a $74 trillion bill -- just to let good old "too big to fail" Bank of America off the hook? I don't think so:

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