From what I'm hearing Dred, C and BAC are both insolvent, (along with A LOT of other banks), and eventually that will have to come out in the wash. Doesn't mean that they will with all of the shenanigans being played by our wonderful gov, but it's something to keep in mind.
I am by far a financial whiz, so I don't really have a clue what will happen. I just trade the pretty colored candles on my charts. :-)
Take care.