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Business News tagged with Bank Of America

Bank of America Loses $2.24B as Loan Losses Rise
Business  (tags: Bank of America, recession )

Kristi
- 37 days ago - newsobserver.com
CHARLOTTE, N.C. -- Bank of America Corp. said Friday it lost more than $2.2 billion in the third quarter as loan losses kept rising, providing further evidence that consumers are still struggling to pay their bills.
5 comments
WALL STREET'S RECIPE FOR ANOTHER DISASTER
Business  (tags: Bank of America, Citigroup, Credit Suisse, Goldman Sachs, JPMorgan Chase, CDS Dealers Consortium, Wall Street Greed )

David
- 167 days ago - jimhightower.com
Take a #5 tub of pure chutzpa, stir it into a giant vat of raw Wall Street greed, vigorously whisk in millions-of-dollars-worth of banker campaign contributions, then cover it tightly and apply high political heat.
5 comments
Bank Of America CEO To Be Grilled Over Bonuses: Who Approved $3.6 Billion Payout?
Business  (tags: Bank Of America, Bank Of America Bonus, BofA Bonuses, Economy, Financial Crisis, Ken Lewis, John Thain, Merrill Lynch, American taxpayers, Business News )

Blue
- 270 days ago - huffingtonpost.com
Lewis is set to be confronted by the lawyers for New York Attorney General Anthony Cuomo this afternoon over his statements that he had "no authority" over $3.6 billion in bonuses paid to Merrill Lynch executives last December. Lewis and Thain DEAL!!!!
12 comments
BLOW THE WHISTLE: Bailed Out Firms Wasting Money? Tell Us About It
Business  (tags: Aig, Bailout Bandits, Bailout Bill, Bank Bailout, Bank Of America, John Thain, Merrill Lynch, Tarp, Politics News )

Blue
- 291 days ago - huffingtonpost.com
The spending of taxpayer money to help resuscitate the nation's economy is one of the major stories of the year. As such, it demands extensive scrutiny. This is a request that you help us with the task.
14 comments
BAILED OUT BANK SPENDS MILLIONS ON SUPER BOWL FESTIVITIES
Business  (tags: Bailout Bandits, Bank Of America, Bank Of America Super Bowl, Bank Of America Super Bowl Parties, Super Bowl Sponsorships, The Super Bowl, Business News )

Blue
- 293 days ago - abcnews.go.com
ABC: Bank Of America Spent Around $10 Million On Super Bowl Parties... 850,000 Square Foot Carnival... NFL Sponsorship... Tents Said To Cost $800,000 Alone... Bank Of America: This Is Part Of Our "Growth Strategy" BofA parties paid by American taxpayers
10 comments
BAILED-OUT EXECS PLOT AGAINST LABOR BILL
Business  (tags: Anti-Union, Audio Employee Free Chioce Act, Bank Of America, Bank Of America Bailout, Berman Call, Bernie Marcus, Conference Call, Efca, Employee Free Choice Act, Employee Free Choice Act Call, Employee Free Choice Act Fight, Marcus Berman Call, M )

Blue
- 300 days ago - huffingtonpost.com
Listen To The Conference Call Hosted By Bank Of America... Includes AIG Representative, Conservative Activists... Led By Home Depot Co-Founder Who Calls Union Bill "The Demise Of A Civilization"...
21 comments
Cutting: Will It Ease the Pain?
Business  (tags: Wall Street, Federal Reserve, interest rate, Dow Jones, Bank of America, economic crisis, banking )

RC
- 413 days ago - washingtonpost.com
Chairman of the Federal Reserve Ben Bernanke says the economic outlook is growing worse. On Wall Street: a 330-point slide in the Dow Jones Industrials. Bank of America lost 18% of its value today. Will a cut in the interest rate stem the flow of red ink?
33 comments
AlterNet: Greedy Bank of America Engineers
Business  (tags: business, economy, finance, CountryWide, Bank of America )

Chakwaina
- 673 days ago - alternet.org
As the housing market went into free fall, Countrywide did as well with 7.2 percent of the loans they were servicing in serious arrears. Foreclosures on their properties had doubled. Their $11.5 billion dollar credit line was just about gone. Wall Street
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Bank of America: Bank of the Free, or Bank of the Overdraft Fee?
Business  (tags: bank of america, overdraft fees, money, unethical, consumers )

Kemsa
- 745 days ago - bankofamericabadforamerica.org
High overdraft fees--charges imposed when you take too much money out of your checking account--enrage millions of Americans every year.
1 comment
   

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