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Bank america News

Op-Ed: Wall Street still profiting at Main Street's expense

Stock market manipulations and subsidies continue profiting Wall Street at our expense -- a week after the stock market lost almost a trillion dollars in a matter of hours, the four largest banks claimed to make money for 63 trading days in a row
In the Media by Bill Lindner - 2 comments

Bank of America drops $4.4 billion on Wall Street

Bank of America has reportedly used 19% of their 2009 generated revenues to pay workers' salaries, benefits and year-end bonuses.
In the Media by Michael Bearak

Moynihan to Take over as Bank of America CEO

Brian Moynihan was announced this week as Ken Lewis' successor at Bank of America. Lewis will be retiring at the end of this month.
In the Media by Michael Bearak

Obama Urges Banks to Start Lending

President Obama has started to urge banks to start lending in responsible ways to businesses. In light of recent TARP fund payments top bankers are now being challenged by the President.
In the Media by Michael Bearak - 1 comment

Op-Ed: Bank of America: Still the Nation’s Banking Choice?

Bank of America: America's salvation bank, or are they really working for the American public? Here's my opinion on one of the largest banks in US history.
In the Media by Ellen Geer

Bank of America to Repay TARP

Bank of America is preparing to pay back the $45 billion dollars it borrowed from the U.S. government as part of the Troubled Assessts Recovery Program (TARP).
In the Media by Michael Bearak

Bank of America Suffers $1 Billion Third Quarter Loss

Bank of America announced on Friday a third quarter net loss of $1 billion, which it attributed to ongoing difficulties within the U.S. and global economies.
In the Media by Chris Dade

Customer sues Bank of America for '1,784 billion, trillion dollars'

After being "really, really unhappy" with Bank of America's customer service, Dalton Chiscolm wants $1,784 billion trillion dollars transferred into his bank account and an additional $200,164,000.
In the Media by Andrew Moran

Judge Orders Trial for SEC Allegations Against Bank of America

A federal judge has ordered that the Securities and Exchange Commission (SEC) must go to court to prove their claim that the Bank of America misled investors over bonuses being paid by Merrill Lynch, the financial services firm they acquired last year.
In the Media by Chris Dade

Bank of America asks armless for thumbprint, deny check

What seemed to be a very simple task and almost a daily routine, an American armless man was denied cashing a check because he could not provide a thumbprint scan.
In the Media by Andrew Moran - 1 comment
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