It seems the genius Ken Lewis, CEO of Bank of Obama America, needs another $35 billion in capital for BAC to survive. Why doesn't he sell back Merrill Lynch to the U.S. government?  BAC would get $35 billion and the Merrill brokers can work for Uncle Sam and peddle reverse mortgages to all the new Social Security recipients who lost 50% of their 401 K's in the last market meltdown.

I'm sure when the stock market opens tomorrow, the market will react favorably to this news that BAC is going broke. The traders seem to enjoy "craps investing" where the worst companies get the most stock action.

Don't shed a tear for Ken Lewis. He will do just fine along with all the other Beltway and Banking Blowhards who helped destroy billions of dollars in capital while enriching themselves.

Mr. Lewis, has the interest rate on your Bank of America credit card been raised yet to help cover your bank's loan losses?



"Ken: Does your bank need money? We have some Petro Dollars we can lend you."