Tag Archives: Bank of America

MarketWatch – Bank of America, DoJ Discuss Mortgage Settlement – 17 July 2014

Market Watch – WSJ

By Devlin Barrett and Christina Rexrode

Bank of America Corp. met with the Justice Department in Washington on Tuesday to negotiate a possible mortgage-securities settlement, according to people familiar with the matter.

Read the full story at: www.marketwatch.com/ link to original article

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Occupy.com – Showdown In Charlotte : Bank VS America – 8 May 2012

Uploaded on 2 May 2o12 by   on youtube. Continue reading

Matt Taibbi – Fighting BAC – Bank Of America – 7 April 2012

 There are two things every American needs to know about Bank of America.

The first is that it’s corrupt. This bank has systematically defrauded almost everyone with whom it has a significant business relationship, cheating investors, insurers, homeowners, shareholders, depositors and the state. It is a giant, raging hurricane of theft and fraud, spinning its way through America and leaving a massive trail of wiped-out retirees and foreclosed-upon families in its wake. Continue reading

Matt Taibbi – Bank Of America – Raging Hurricane Of Theft And Fraud – 30 March 2012

There are two things every American needs to know about Bank of America.

The first is that it’s corrupt. This bank has systematically defrauded almost everyone with whom it has a significant business relationship, cheating investors, insurers, homeowners, shareholders, depositors, and the state. It is a giant, raging hurricane of theft and fraud, spinning its way through America and leaving a massive trail of wiped-out retirees and foreclosed-upon families in its wake. Continue reading

Matt Taibbi – Bank Of America : Too Crooked To Fail – 16 March 2012

OPINION | At least Bank of America got its name right. The ultimate Too Big to Fail bank really is America, a hypergluttonous ward of the state whose limitless fraud and criminal conspiracies we’ll all be paying for until the end of time. Did you hear about the plot to rig global interest rates? The $137 million fine for bilking needy schools and cities? The ingenious plan to suck multiple fees out of the unemployment checks of jobless workers? Take your eyes off them for 10 seconds and guaranteed, they’ll be into some shit again: This bank is like the world’s worst-behaved teenager, taking your car and running over kittens and fire hydrants on the way to Vegas for the weekend, maxing out your credit cards in the three days you spend at your aunt’s funeral. They’re out of control, yet they’ll never do time or go out of business, because the government remains creepily committed to their survival, like overindulgent parents who refuse to believe their 40-year-old live-at-home son could possibly be responsible for those dead hookers in the backyard. Continue reading

John Ward – The Economic World Is Much Closer To The Edge Than The Commentariat Realises – 13 March 2012

We are witnessing local bulletins but ignoring the Big News

Ben Bernanke has once again said “No QE for now, but we are not out of the woods”. Observers need to wise up to the fact that this is a man who knows he must hold his fire, for far worse is coming.

Despite this, JP Morgan and Bank of America seem to have passed the Federal Reserve’s stress tests. JPM I can get behind, but BoA? Stress tests, I increasingly believe, are so-called because they are primarily designed to reduce global investor stress. Continue reading