Forum Post: Read "THE DAILY BAIL" for news on onging bailouts by US and European banks

HOLY BAILOUT is the title of an article today on a site called The DAILY BAIL.
Here are two lines quoted from that article, which can be found at: http://dailybail.com/home/holy-bailout-federal-reserve-now-backstopping-75-trillion-of.html "Bank of America is shifting derivatives in its Merrill investment banking unit to its depository arm, which has access to the Fed discount window and is protected by the FDIC. ...This is a direct transfer of risk to the taxpayer done by the bank without approval by regulators and without public input."