cme increases margin requirements to 100%, page-3

The article from teh first link links again to the article below. I can't see how a bank could keep trading under US chapter 11 Bankruptcy. Banks are not like normal businesses. They have to satisfy legislated capital adequacy ratios.

http://articles.businessinsider.com/2011-09-06/wall_street/30128164_1_bank-files-banking-sector-institutional-risk-analytics


"Chris Whalen: Bank Of America Should Declare Bankruptcy
Linette Lopez|September 06, 2011|19,905|71

Bank of America has over $100 billion in mortgage liabilities, says Chris Whalen Co-founder of Institutional Risk Analytics.

On a web broadcast published on KingWorldNews, he advocates "the classical American way of dealing with this problem"-- complete and total restructuring through Chapter 11. Before its too late.

He says, "The only sane way of fixing this and I mean fix it so that Bank of America comes out of the process restructured, ready to support growth, support leverage, is a classic chapter 11..."



Read more: http://articles.businessinsider.com/2011-09-06/wall_street/30128164_1_bank-files-banking-sector-institutional-risk-analytics#ixzz1cp832OzQ