Recent Event Highlights: US Stocks Climb To 30-Month Highs, Led By Banks; DJIA Up 57 - Wall Street Journal, Consumer Confidential: Confidence slides, BofA's site sputters, game sales drop - Los Angeles Times, Bank Of America Website Down, 6 Hours And Counting - Forbes (blog), Market Midday, with news on Citigroup (NYSE:C), BP plc (NYSE:BP), Bank of ... - Oakshire Financial, Today's Top Mortgage Lender Rate Report for 1/14/2011 By LoanSafe.org - LoanSafe, Loonie Drops Most in Eight Days as Oil Falls, China Damps Demand for Risk - Bloomberg, and 158 more...
Created by dipity on Jan 29, 2010
Last updated: 01/18/11 at 08:03 PM
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US Stocks Climb To 30-Month Highs, Led By Banks; DJIA Up 57Wall Street JournalThe results boosted sentiment for Bank of America, which climbed 3.2% and is due to release its fourth-quarter earnings next week. ...DJIA Reaches 2-1/2 Year HighWall Street Journalall 23 news articles »
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Consumer Confidential: Confidence slides, BofA's site sputters, game sales dropLos Angeles Times--If you're a Bank of America customer, and if you wanted to do a little online banking, you might want to get some coffee or something first. ...
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Planet News WorldMarket Midday, with news on Citigroup (NYSE:C), BP plc (NYSE:BP), Bank of ...Oakshire FinancialShare prices in the banks Citigroup (NYSE:C), Wells Fargo (NYSE:WFC) and Bank of America (NYSE:BAC). In economic news, it's been a busy day. ...Bank of America Smashes Through Resistance - BACThe Markets Are Open (blog)Big Banks May Boost Dividends in 2011Barron'sBank of America Corp. (NYSE: BAC): Q4 Earnings Preview 2010The Market FinancialBeacon Equity Researchall 43 news articles »
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Citigroup, Bank of America Active Premarket After JPM ReportWall Street Journal (blog)Some of the heaviest premarket trading is in fellow financials Citigroup and Bank of America, which are down 0.2% and 0.8% ahead of the open of trading. ...
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Personal Finance BulletinCurrent Mortgage Rates Today at Bank of America and Wells FargoPersonal Finance BulletinIncreases in bond prices sent yields down and mortgage rates benefited slightly. Bank of America's 15-year mortgage interest rate dropped to 4.00% with 1 ...and more »
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The GuardianJPMorgan profit surges despite mortgage hitCNNMoney2 US lender by assets after Bank of America (BAC), said the latest quarter's profit was boosted by its decision to release $3 billion in loan loss reserves ...JP Morgan Reports 2010 EarningsMorningstar.comChase to end services for diplomatsWashington PostBank Stocks: Time to Jump in?Wall Street PitNew York Times -Forbes -The Atlanticall 839 news articles »
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HemscottMarket overview: FTSE 100 finishes down 27ShareCastPick of the bunch today was international engineering group IMI after Bank of America Merrill Lynch upgraded the stock from neutral to buy. ...FTSE falls on mixed retail picture, but IMI benefits from Merrill upgradeThe GuardianMarkets: Miners and Tesco hit FTSE 100Interactive Investorall 79 news articles »
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At the end of November, Wikileaks director Julian Assange said in an interview that he intended to "take down" a major American bank -- widely presumed to be Bank of America -- by revealing what he called an "ecosystem of corruption" with a cache of data from an executive's hard drive. Since then, a team of 15 to 20 top Bank of America officials has been overseeing a broad internal investigation, hunting for any sign that its systems might have been compromised.
The rate of prescription drug use among children and teens continues to rise, with a new report from Medco Health Solutions Inc. saying that at least a quarter of all US children are now regularly taking pharmaceutical drugs. And according to the report, many of these drugs were originally intended for adults, and carry with them unknown side effects for long-term use in young people. A Very Special Thanks to GKing1000 for sending me this video: www.youtube.com And most especially to Neal Fox for your time, brilliance and thought to create it: www.wireduck.com The Wall Street Journal (WSJ) reports that in addition to taking drugs for conditions like attention-deficit hyperactivity disorder (ADHD) and asthma, children are now taking things like sleeping pills, diabetes drugs and even statin drugs, which are typically only prescribed for adults. The report cites an eight-year-old boy, for example, who has been taking blood pressure medications since he was a baby. Dr. Danny Benjamin, a professor of pediatrics at Duke University, admitted to the WSJ that prescribing chronic medications to children is a serious problem. "We know we're making errors in dosing and safety," he said, noting also that parents must do more to question the safety of medicines their doctors prescribe. Experts worry that the increasing prevalence of children on prescription drugs is causing these young people serious harm, and that parents should instead seek out dietary and lifestyle changes for ...
This video clip is part ofDay 16 of news coverage following the release of cablegate by Wikileaks, Der Spegigel, Guardian, New York Times and many other news organizations. A few hours before the initial release Wikileaks sent out this message via Twitter: El Pais, Le Monde, Speigel, Guardian & NYT will publish many US embassy cables tonight, even if WikiLeaks goes down Wikileaks began on Sunday November 28th publishing 251287 leaked United States embassy cables, the largest set of confidential documents ever to be released into the public domain. The documents will give people around the world an unprecedented insight into US Government foreign activities. The cables, which date from 1966 up until the end of February this year, contain confidential communications between 274 embassies in countries throughout the world and the State Department in Washington DC. 15652 of the cables are classified Secret. The embassy cables will be released in stages over the next few months. The subject matter of these cables is of such importance, and the geographical spread so broad, that to do otherwise would not do this material justice. The cables show the extent of US spying on its allies and the UN; turning a blind eye to corruption and human rights abuse in "client states"; backroom deals with supposedly neutral countries; lobbying for US corporations; and the measures US diplomats take to advance those who have access to them. This document release reveals the contradictions ...
This is a summary of what has occurred, along with my opinion on the situation with the new Bank of America situation on WikiLeaks. Transcript: Classification: Secret. Leaking of this information is highly recommended. Recently, Bank of America has blocked all payments to WikiLeaks. The reason given officially was, quote, "based upon our reasonable belief that WikiLeaks may be engaged in activities that are, among other things, inconsistent with our internal policies for processing payments.", endquote. Recently WikiLeaks has stated that it has information that will expose unethical policies at a major US bank, thought to be Bank of America. WikiLeaks has urged all supporters who use Bank of America to close their accounts and use a more reliable bank that will not restrict their movement of funds. MY OPINION I believe that unethical policies on customers should not go unpunished. If the alleged claims are true, we should root them out. The reason the bank has suspended payments is because they want to close it down before something big is revealed that will damage them: the truth. Since when has telling the truth been a crime? Since it interfered with people making money. Corporations. Governments. Anything with money. The US government to me is a joke. I used to believe in it. I believed in the lies it tells you about fighting for freedom, a freedom that doesn't exist. A freedom to speak your mind however you want, and not have to worry that the government is going to ...
Excerpt
...to WikiLeaks, saw its website subject to an attack that slowed it down but did not significantly affect payments. Bank of America’s website offers access to customer accounts through its home page, but it could be a tough nut for hackers to crack, security...
Source Info
Albequerque Express
http://story.albuquerqueexpress.com/index.php/ct/9/cid/154063713fe5da1f/id/41373381/
Excerpt
...PayPal saw its website subject to an attack that slowed it down but did not significantly affect payments. Bank of America's website offers access to customer accounts through its home page, but it could be a tough nut for hackers to crack, security experts...
Source Info
LoHud.com
http://www.lohud.com/article/20101219/NEWS05/12190371
latimesblogs.latimes.com New TYT Network channels: www.youtube.com www.youtube.com New TYT Facebook Page(!): www.facebook.com Follow us on Twitter: twitter.com www.theyoungturks.com DISCOUNTS: www.theyoungturks.com FREE Movies(!): www.netflix.com Note: The above two links are for TYT sponsors. Read Ana's blog and subscribe at: www.examiner.com TYT Network (new WTF?! channel): www.youtube.com Check Out TYT Interviews www.youtube.com A federal grand jury has indicted a man accused of having a bomb factory in his San Diego County home. George Djura Jakubec is accused of building nine detonators and 13 grenade hulls containing explosives, according to court documents. He is also accused of robbing three banks. The indictment Thursday comes a day after Gov. Arnold Schwarzenegger signed a state-of-emergency declaration that gives San Diego County officials additional legal authority to seize and destroy the home. Officials said Jakubec, a Serbian emigre and naturalized US citizen, told San Diego County sheriff's deputies during a jailhouse interview that he had robbed Bank of America branches on Nov. 13, 2009; June 25, 2010; and July 17, 2010. County officials announced Tuesday night that they plan to burn down the house that Jakubec was renting on Via Scott, just outside the Escondido city limits. A controlled burn is the only safe way to destroy the explosives, officials said. The fire is set for next week, but could be delayed due to weather conditions.
Re-upload from TheDailyBeck Love him or hate him, Beck does provide some very good info on one of the faces behind the curtain of globalisation, George Soros. 'The man who broke the bank of England' has collapsed economies and regimes all around the world. But now he has focused his attention on The United States..that's right- we're his next target. Tonight, we learn how Soros has been successful in the past and Glenn uncovers his five steps to take control of America. Remember, all of these facts and research are available free to you at glennbeck.com and The Blaze.
www.myfoxphoenix.com - Wells Fargo Problems - blog.al.com There are now stories surfacing of many people in sleeping bags camping outside banks, waiting for an answer as to what's the heck's going on. After viewing posts on Twitter regarding this matter, they would not let me see them again when I returned. It said they were not available to view... Just read this on Twitter: 'Bank of America online banking is down. Try to log in, it say you don't even have an account. BofA cust svc says yes, problems'. 'first i receive a false email of a low balance in my account and then the system is down for several hours. oh how i hate bank of america.' - Bank Holiday Predicted Date - www.prisonplanet.com Twitter - Digg - Reddit - Stumbleupon - Yahoo Buzz - Google Buzz - "Hot Topics" - NewsItemsToday.com - Banks Fail
Republicans say the tax issue is a losing issue for the Democrats . You know, "Nothing to see here " haha or " forget about it ", as my friends from the East coast would say . However, are they right ? I mean after all, they seem to forget to mention those loop holes that are only available to the rich . Take for example Bank of America . How much do you think they have paid in taxes ? 1. a couple of million ? 2. A million ? 3. A few thousand ? 4. Zero ? If you said number 4, congratulations, you've won the right to call your self an informed voter . And what about Republicans wanting to extend the Bush tax cuts to the richest 10% ? After all, they create jobs...right ? You know " trickle down economics " . The only problem with that is, it didn't happen, as we all well know now . In fact, towards the end of Bush's term we were losing 700000 jobs a month . In bush's whole 8 years there were about 4 million jobs created . Sounds great doesn't it ? But wait ! Under Clinton and higher taxes on the rich, about 23 million jobs were created . In addition, Clinton had a surplus . The projected surplus was blown on two Bush tax cuts for the rich, two unpaid for wars, and a unpaid for prescription drug plan . What about the argument that the " poor don't pay taxes " ? And " the middle class don't pay most taxes " ? Well it's simply not true . About three-quarters of all American households pay more in payroll taxes, which go toward Medicare and Social Security, than in income ...
TSNBuccaneers shut down PanthersTSN... passed for 178 yards and two scores and ran for 43 yards, as the Tampa Bay Buccaneers defeated the Carolina Panthers, 20-7, at Bank of America Stadium. ...Buccaneers vs. Panthers: Quick HitsFanHouseBucs lead Panthers, 7-0, 2nd quarter10 ConnectsBucs' Freeman presents many challenges for Panthers' home openerExaminer.comSBR Forum -Panthers.com -Pewter Reportall 640 news articles »
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Bank of America (BAC) 9/16/10 PriceWatch Alert Support Down To $13.39Market Intelligence CenterBank of America (NYSE: BAC) closed yesterday at $13.71. So far the stock has hit a 52-week low of $12.18 and 52-week high of $19.86. Bank of America stock ...and more »
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ReutersBofA Chief Focuses On Cross-Selling, Steady ReturnsWall Street JournalBank of America's shares, at $13.95, are down 30% since reaching a 52-week high of $19.86 in mid-April, and investors "seem skeptical of management's ...Bank of America reportedly looking to sell assetsMarketWatchBank of America May Look to Sell AssetsTheStreet.comBank of America warns of new fees after financial reformsAFPReuters -Times of the Internetall 281 news articles »
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Moneycontrol.comChase online banking system down due to technical problemsNews Box (blog)... until the problem will be fixed.JPMorgan Chase bank is America's second biggest bank after Bank of America, with a large number of financial customers.Chase bank website down because of technical issuesMilwaukee Journal SentinelChase Bank Website Down Due to Technical DifficultiesGather.comSept, 15 2010: Chase Online Banking Website Still Down for SomeThe News of TodayToday24News (blog) -FOXBusinessall 691 news articles »
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Do stocks even matter anymore?Financial PostBank of America recently put out a research piece; however, suggesting you might want to stay in equities. The title “America gives up on stocks: Why you ...and more »
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Dollar slides after jobs report tops forecastThe Associated Press... like today's through the end of the year, the Fed is not going to sit idle," said Bank of America Merrill Lynch economist Neil Dutta in a research note. ...and more »
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ESPN (blog)Michael Jordan's Bobcat comebackESPN (blog)Charlotte is home to two of the nation's biggest banks, in Wachovia and Bank of America. And yet until a few years ago, the team's contributions to the ...and more »
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Reuters (press release)JPM, Goldman, Losing Share of FIG PieTheStreet.comIn terms of future business, Bank of America's Egan expects a pickup in M&A among US depositories as acquisitions of failed banks slow down. ...Merrill Mauls Morgan Stanley in Clash of U.S. Brokerage TitansBloombergOhio Attorney General Praises Ruling On Bank Of America SuitsNASDAQFed to BofA's Lewis: “Stop Jerking Us Around”Wall Street Journal (blog)TradersHuddle.com -Stock Briefings (blog) -American Banking Newsall 212 news articles »
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CBC.caMegabanks Will Shrink, Bernanke Tells Financial Crisis Commission, Yet Doubts ...Huffington Post (blog)Those four banks -- Bank of America, JPMorgan Chase, Citigroup and Wells Fargo -- each hold more than $1 trillion in assets. BofA and JPMorgan each have ...Bernanke EmpoweredBloombergWhat if Bear, Lehman, and AIG Had Failed Today?The Atlantic (blog)Bernanke: Lehman's Failure a Fait AccompliForbes (blog)Wall Street Journal (blog) -The Guardian -Washington Postall 1,674 news articles »
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Cameron's Austerity Plan Makes UK Debts World BeaterBloombergThey returned 4.7 percent last month, second only to Denmark's 4.75 percent, according to the Bank of America Merrill Lynch Global Sovereign Broad Market ...and more »
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Just as the leader crosses the start-finish line to complete lap 1, Robby Gordon starts fishtailing and a pileup ensues as everyone tries to slow down for his out-of-control car. Clip owned by NASCAR.com.
Aug. 23 (Bloomberg) -- Sam Chandan, global chief economist at Real Capital Analytics, talks about the state of the commercial real estate market and the impact on banks. Chandan speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)Copyright Bloomberg 2010 § 107.Limitations on exclusive rights: Fair use Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright. In determining whether the use made of a work in any particular case is a fair use the factors to be considered shall include — (1) the purpose and character of the use, including whether such use is of a commercial nature or is for nonprofit educational purposes; (2) the nature of the copyrighted work; (3) the amount and substantiality of the portion used in relation to the copyrighted work as a whole; and (4) the effect of the use upon the potential market for or value of the copyrighted work. Bank failures commercial loans real estate
Please join my Facebook group! www.facebook.com In 2008 I became a single mother to four children. As you'd expect, there were financial hardships as a result of our separation and ultimate divorce. In April of 2009 I was ONE month behind on my mortgage and called to see if I could have that month's payment deferred. That call began 16 months of Bank of America loan modification hell. It is still ongoing. Even though I had only called asking for a month's deferment, the woman on the phone suggested I apply for a loan modification saying "it couldn't hurt to try." How wrong she was! As a result of Bank of America "helping" me, what was once only one month in arrears has swelled to almost $26000 in arrears. And even though Bank of America told me repeatedly that they would not just expect me to come up with the arrearage amount should I be declined a modification, telling me there were other programs in place to help with the back due amount, that is exactly what they are doing. If I don't pay the $26000, they will take my house. I made every modification payment early and I sent every document ever requested of me. I have 16 months worth of audio recordings chronicling the hell Bank of America has put me through. In the end, they are going to screw me and my four children out of our home, even though the only thing I did wrong was to follow their advice for assistance. This audio recording is just the latest in the continuing Bank of America saga. I will be happy to share ...
www.cspan.org July 22, 2010
America Stands On The Precipice Of Total Collapse Paul Joseph Watson & Alex Jones www Wednesday, July 14, 2010 There can be little doubt that America, along with the west as a whole, is being set up for a total collapse in which life as we know it will be fundamentally altered and rebuilt around a collectivist model managed and controlled by the same criminals who engineered the crisis in the first place. America has been targeted for an economic, military, and social coup d'état by globalists who know that to get people to accept a new way of life under the heel of the new world order requires that the pillars of everything they knew before are completely pulverized. Freedom, prosperity, and community have no place in a "post-industrial revolution," and every assault on the living standards of American citizens is designed to infect and wither these ideals. We are looking at a road warrior style collapse of society within two years if the entities that orchestrated the crisis are allowed to pose as saviors and institute their austerity fascism, carbon taxes, "green economy," post-industrial revolution, and the evisceration of America's first world status that will inevitably follow if such measures are allowed to pass. The plan for America is to sink the country into chaos so that it can be swallowed whole and consumed as part of the march towards global government. The globalists want to do to America what they have done to the third world, by creating an underclass of ...
America Stands On The Precipice Of Total Collapse Paul Joseph Watson & Alex Jones www Wednesday, July 14, 2010 There can be little doubt that America, along with the west as a whole, is being set up for a total collapse in which life as we know it will be fundamentally altered and rebuilt around a collectivist model managed and controlled by the same criminals who engineered the crisis in the first place. America has been targeted for an economic, military, and social coup d'état by globalists who know that to get people to accept a new way of life under the heel of the new world order requires that the pillars of everything they knew before are completely pulverized. Freedom, prosperity, and community have no place in a "post-industrial revolution," and every assault on the living standards of American citizens is designed to infect and wither these ideals. We are looking at a road warrior style collapse of society within two years if the entities that orchestrated the crisis are allowed to pose as saviors and institute their austerity fascism, carbon taxes, "green economy," post-industrial revolution, and the evisceration of America's first world status that will inevitably follow if such measures are allowed to pass. The plan for America is to sink the country into chaos so that it can be swallowed whole and consumed as part of the march towards global government. The globalists want to do to America what they have done to the third world, by creating an underclass of ...
America Stands On The Precipice Of Total Collapse Paul Joseph Watson & Alex Jones www Wednesday, July 14, 2010 There can be little doubt that America, along with the west as a whole, is being set up for a total collapse in which life as we know it will be fundamentally altered and rebuilt around a collectivist model managed and controlled by the same criminals who engineered the crisis in the first place. America has been targeted for an economic, military, and social coup d'état by globalists who know that to get people to accept a new way of life under the heel of the new world order requires that the pillars of everything they knew before are completely pulverized. Freedom, prosperity, and community have no place in a "post-industrial revolution," and every assault on the living standards of American citizens is designed to infect and wither these ideals. We are looking at a road warrior style collapse of society within two years if the entities that orchestrated the crisis are allowed to pose as saviors and institute their austerity fascism, carbon taxes, "green economy," post-industrial revolution, and the evisceration of America's first world status that will inevitably follow if such measures are allowed to pass. The plan for America is to sink the country into chaos so that it can be swallowed whole and consumed as part of the march towards global government. The globalists want to do to America what they have done to the third world, by creating an underclass of ...
www.prisonplanet.com Alex Jones breaks down the takeover by offshore banking powers-- newly empowered by Congress' banking "reform," expanded taxes worldwide, as well as accelerated moves towards ending the Dollar's reserve status, including urging from a recent United Nations report. This Fourth of July, the United States is indeed in peril; it is not only the Gulf Oil Spill, Russian spies and threats of war with Iran which Americans must worry about. Instead it is the quiet but deadly conquest by private, central banks, who lobbied Congress to once again vest new powers in the Federal Reserve and, by all indicators, further weaken the US economy through its future actions. The financial crisis has indeed been developed in such a way that no nation can ever repay all the debt, and control by global economic forces is all but inevitable. "This is as big as World War I or World War II," Alex Jones warns. "What is happening now is bigger than the banking takeover of 1913... it is a worldwide financial coup d'etat."
www.prisonplanet.com Alex Jones breaks down the takeover by offshore banking powers-- newly empowered by Congress' banking "reform," expanded taxes worldwide, as well as accelerated moves towards ending the Dollar's reserve status, including urging from a recent United Nations report. This Fourth of July, the United States is indeed in peril; it is not only the Gulf Oil Spill, Russian spies and threats of war with Iran which Americans must worry about. Instead it is the quiet but deadly conquest by private, central banks, who lobbied Congress to once again vest new powers in the Federal Reserve and, by all indicators, further weaken the US economy through its future actions. The financial crisis has indeed been developed in such a way that no nation can ever repay all the debt, and control by global economic forces is all but inevitable. "This is as big as World War I or World War II," Alex Jones comments. "What is happening now is bigger than the banking takeover of 1913... it is a worldwide financial coup d'etat."
On The Listening Post this week: How a profile in Rolling Stone magazine brings down the US' top commander in Afghanistan and the stories of three journalists on the run from their countries.
Folks, listen and Weep.
DISCOUNTS: www.theyoungturks.com FREE Movies(!): www.netflix.com Note: The above two links are for TYT sponsors. New TYT Facebook Page(!): www.facebook.com Read Ana's blog and subscribe at: www.examiner.com Follow us on Twitter: twitter.com TYT Network (new WTF?! channel): www.youtube.com Check Out TYT Interviews www.youtube.com Watch more at www.theyoungturks.com
TelecomSlayer.com | Solution to the Anti-texting and driving laws. Text, post to Facebook & Twitter all Hands Free using the power of your voice... get paid to SAVE Lives! Bank of America's (and many other banks) dirty BIG secrets and LIES are about to cause a MASSIVE slide in home prices down again. John is giving you numbers in this video... right from BoA Vice Pres Ken Gaitan. Foreclosures are about to go through the roof by years end. Current foreclosures at BoA 7500 weekly... by Dec 2010 projected 45000 weekly The damage on housing and the economy will be devastating. Learn just how bad "shadow inventory" is right now.
www.JohnAlexanderBlog.com | Bank of America's (and many other banks) nasty secrets are about slide home prices down again. I'm giving you numbers in this video... right from BoA Vice Pres Ken Gaitan. Foreclosures are about to go through the roof by years end. Current foreclosures at BoA 7500 weekly... by Dec 2010 projected 45000 weekly The damage on housing and the economy will be devastating. Learn just how bad "shadow inventory" is right now.
On May 17, the "Showdown on K st," involving a great many union members and others victimized by the big banks, shut down K st for maybe 45 minutes before marching on the Bank of America across from the US Treasury. Protesters were demanding that banks "too big to fail" be broken up and that Congress pass financial reform legislation with real teeth to protect the public and punish bailout-grubbing bankers. The star of the street march was a gigantic puppet of a banker holding puppet strings connected to Congress-so bit it looked like the giant marshmallow man in Ghostbusters as it moved down 14th st with the buildings behind it! Finally the entire march arrived at and beseiged the Bank of America across from the US Treasury. The presence of so many labor unions in this sends a powerful message to Bof A, Obama, and to Congress. At Bank of America, one woman whose home is being foreclosed on by bank of America(after three sales of her mortgage) spoke about her experiences with BofA. She spoke of vicious collection tactics combined with a stubborn refusal to speak to her. That is, they would not return calls in response to their own collection calls-until she joined forces with activist groups! Now Bank of America is desperate to shut her up, she says. Fliers distributed in the event are asking people to call their Senator(if they have one), calling 202-224-3121 for the directory. They want everyone to demand that their Senator refuse campaign cash from big banks and pass ...
Alex breaks down the international banking cartels continued plunder of the middle class here in america and how far they will go. www.infowars.com www.prisonplanet.tv
Alex & Bob talk about the latest Stock market collapse and who are the plunge protection team is. Will they jump in again or will they let it fall all the way next time. Bob breaks down how the International banking cartel are setting america up for it's biggest economic fall yet. theinternationalforecaster.com/ www.infowars.com www
Alex & Bob talk about the latest Stock market collapse and who are the plunge protection team is. Will they jump in again or will they let it fall all the way next time. Bob breaks down how the International banking cartel are setting america up for it's biggest economic fall yet. theinternationalforecaster.com/ www.infowars.com www
Alex & Bob talk about the latest Stock market collapse and who are the plunge protection team is. Will they jump in again or will they let it fall all the way next time. Bob breaks down how the International banking cartel are setting america up for it's biggest economic fall yet. theinternationalforecaster.com/ www.infowars.com www
The new ad for the KFC's "Double Down" -- a "sandwich" of two pieces of fried chicken flanking bacon, cheese and thousand island dressing -- ends with the slogan "UNTHINK!" Goldman Sachs couldn't have said it any better. Thinking about slimming down the power of the financial sector? UNTHINK! Thinking about trying to prevent another global economic heart attack? UNTHINK! On a day when President Obama is trying to encourage the investment banks to "join us" on planet Earth, Goldman and the others are busy clogging the arteries of government with their own version of "double down": massive amounts of cash to prevent any financial reform. UNTHINK! Goldman, CitiCorp, Bank of America, JP Morgan and John Mack's Morgan Stanley -- along with the Chamber of Commerce -- have all doubled down on their their bets, er, contributions to Congress and Congressional PACs in anticipation of possible legislation regarding derivatives and - gasp - consumer protections. Texas Senator John Cornyn has been camped out in New York trying to fill the coffers of the Republican Senatorial Campaign Committee All of this bears an eerie similarity to events described in my film, "Casino Jack and the United States of Money," about Jack Abramoff, lobbying and the influence of money in Washington, DC With this blog, we are releasing the first in a series of "flash forward" videos on the enduring value of the Abramoff story. Though he was a piker in comparison to the lobbyists from PharMa or Wall Street ...
Bank of America (NYSE:BAC) announced plans to start forgiving mortgage loan principal for troubled homeowners that owe more than 120% of their home's value or for those who are battling "negative amortization" loans, according to a Reuters report. The bank pledged to offer an "earned principal forgiveness" of up to 30% in two stages. Bank of America will first offer an interest-free forbearance of principal that the homeowner can turn into forgiven principal annually over five years. It will allow a homeowner to bring the loan value back down to 100% of the home's value over five years. A spokesperson for the bank declined to comment on the matter.
2/18/2010-When US district judge from Manhattan, Jed Rakoff, turned Bank of America's (NYSE:BAC) proposed settlement with the SEC down last year he became a modern day folk hero to investors. Now, Rakoff will get another chance on February 22, when he is due to rule on the SEC's latest deal proposal. The last rejection came when the SEC proposed BofA pay a $33 million fine for failing to disclose it had paid out $5.8 billion in bonuses for Merrill Lynch employees prior to a shareholder approval vote for its merger. This time around, the SEC is seeking damages of $150 million for the same violation, plus a few other allegations the commission added. However, like the last go round, the commission is saying it can't find a single person who should be found responsible for the entire violation. Shares of Bank of America are trading 1.8% higher to $15.94 despite the news.
CBC.caBlaming Bank of AmericaWall Street JournalAnd never mind that TARP was a gilded straitjacket that every bank, including BofA, wanted to flee as quickly as possible. Mr. Cuomo's logic boils down to ...Cuomo Sues Bank of America, Even as It Settles With SECNew York TimesCuomo charges BofA, ex-CEO with fraud; SEC settlesReutersWhat Did Lewis Know?ForbesBizjournals.com (blog) -ABC News (blog) -Atlantic Onlineall 1,169 news articles »
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