There are indications that the government is pressuring Bank of America to make major changes in the composition of its board.

Basically, they want people who actually understand banking to be the directors of a bank, imagine that.

When juxtaposed with FDIC Chief’s Sheila Bair’s comments saying to expect that some bank CEOs will be given their walking papers, though the FDIC walked backed from the statement later, is a good sign.

We own the banks, now lets fire the rat bastards who broke them.