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Stock Investing > Mishs Global Economic Trend Analysis

Tell Wells Fargo, Bank of America, JP Morgan, and Citigroup to Go to Hell

Mike Shedlock | Tue, 07/07/2009 - 9:31am | C, California, debt securities, JPM, WFC |  3 comments

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As banks and credit unions stop accepting California IOUs, a market for the securities has sprung up on eBay and Craigslist. Not so fast... California Sets Terms on IOUs as Questions Arise . As California continues to issue "IOUs", more controversy is brewing over their use. On one side, IOU
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