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Loan Modification

: Mortgage Lender Implode-o-Meter

HOW TO DESTROY A BANK

By Implode-Explode Heavy Industries

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On the night of March 10, 2010 an other wise anonymous American financial writer working under the name of Eddie ?Edmundo? Braverman sat at his computer and took a sip of rum. He was about to take the biggest risk of his life.

On his screen was an article he had written for WallStreetOasis.com, an investment -banking website. This article set forth a plan for how consumers could destroy one of America?s four largest banks. Customers would deliver a series of escalating threats against Wells Fargo, Bank of America, JPMorgan Chase and Citibank, demanding policy changes. The threats would culminate in a series of flash-mob bank runs that targeted one of the banks.

Here?s how Eddie would destroy your bank. And how you can help him do it.

Full post as published by Mortgage Lender Implode-o-Meter on October 29, 2010 (boomark / email).

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