Based on the total volumeofsecuritiesinvolved, BofAcould potentially be on the hook for hundreds of billions of dollars, says ChrisWhalen of InstitutionalRiskAnalytics, a researchfirm.
In the very worst case, more than 2, 000 community and regional banks a quarter of the total could fail or be forced to merge, reckons Institutional Risk Analytics, a research and ratings firm.