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Bank of America Bailout

I'm a One Percenter Who's Pre-Occupied with Wall Street

Adam Levin | Posted 12.21.2011 | Politics
Adam Levin

None of us --- neither the one percenters nor the 99 percenters --- can either ignore or deny the ripple of unrest disturbing the calm of America's social waters in the form of the Occupy Wall Street movement.

Bank of America: Too Big to Follow the Law

Don McNay | Posted 08.29.2011 | Business
Don McNay

Take from your money from places like Bank of America and move them banks and credit unions in your community. To my knowledge, none of them have paid a $8.5 billion settlement.

Bank of America Promises to Meet Bailout Requirement, But Challenges Remain

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Bank of America, mired in scandal and facing potential losses over its alleged mishandling of mortgages, now says it will be able to fully leave its t...

Cuomo: Bank Of America, Ken Lewis Charged With Fraud

Posted 05.25.2011 | Business

New York Attorney General Andrew Cuomo filed fraud charges against Bank of America and its former top executives this morning, alleging the bank manip...

Brian Moynihan Salary 2010: Bank Of America CEO To Make $950,000

AP | IEVA M. AUGSTUMS | Posted 05.25.2011 | Business

CHARLOTTE, N.C. — Bank of America's new CEO, Brian Moynihan, will make a salary of $950,000 a year, a person familiar with his pay package said ...

Shahien Nasiripour

Bank of America TARP Repayment Premature, Analyst Says | Shahien Nasiripour | Posted 05.25.2011 | Business

A leading bank analyst says the regulators who allowed Bank of America to repay its $45 billion in government bailout funds made a big mistake because...

BofA Seeks To Repay A Portion Of Bailout | By DAN FITZPATRICK | Posted 05.25.2011 | Business

Bank of America Corp. is offering to repay part of its bailout money, and the U.S. is pushing for the bank to pay at least $500 million to shelve a te...

BofA Bonuses: Bank Pays Millions, Despite Bailout

New York Post | MARK DeCAMBRE | Posted 05.25.2011 | Business

Bailed-out Bank of America has been doling out millions in bonuses in an effort to lure talent and keep investment bankers who management views as vit...

Ken Lewis, BofA CEO, Gov't Pressured bank to buy Merrill Lynch

Yahoo! Finance | Anne Flaherty, Associated Press Writer | Posted 05.25.2011 | Business

WASHINGTON (AP) -- House lawmakers on Thursday accused the federal government of orchestrating a "shotgun wedding" between Bank of America Corp. and M...

Bank Of America's Luxury Hotel | Posted 05.25.2011 | Business

As Bank of America prepares to start repaying TARP dollars, it's also gearing up to open a new hotel across the street from its corporate headquarters...

The Greatest Swindle Ever Sold

Andy Kroll | Posted 05.25.2011 | Business
Andy Kroll

It's not your health that the government is focused on, it's theirs -- the very banks whose convoluted financial systems brought us to the brink of another Great Depression.

Ken Lewis, BofA Management Made Millions On Nationalization Rumors

Bloomberg News | David Mildenberg | Posted 05.25.2011 | Business

May 19 (Bloomberg) -- Bank of America Corp.'s directors and top managers, including Chief Executive Officer Kenneth Lewis, made about $6.57 million by...

BofA, Citi Make Last-Ditch Attempts To Convince Feds They Don't Need To Bolster Balance Sheets

Reuters | Posted 05.25.2011 | Business

Bank of America Corp is working on plans to raise more than $10 billion in fresh capital, even as it and Citigroup Inc launch last-ditch attempts to c...

Bank of America Needs More Money: Analyst | David Mildenberg | Posted 05.25.2011 | Business

April 8 (Bloomberg) -- Bank of America Corp., the largest U.S. bank, needs to raise $36.6 billion in equity to bring capital ratios in line with its p...

Bank Of America CEO Ken Lewis: Don't Compare Me To EX-GM CEO Rick Wagoner

McClatchy | Christina Rexrode | Posted 05.25.2011 | Business

Bank of America Corp. chief executive Ken Lewis bristled at comparisons between himself and Rick Wagoner, the ousted CEO of General Motors Corp., in a...

BofA CEO Lewis Flies In Private Jet, Refuses To Answer Questions

ABC | RICHARD ESPOSITO and JOANNA JENNINGS | Posted 05.25.2011 | Business

In just one day, the president of Bank of America, Ken Lewis, managed to defy both President Barack Obama and New York Attorney General Andrew Cuomo. ...

Sam Stein

Good Gov't Groups: Are Corporations Using Bailout Money To Fund Political Campaigns? | Sam Stein | Posted 05.25.2011 | Politics

Reform groups are blasting letters to congressional committee chairs and the head of the Congressional Oversight Panel, urging an investigation into w...

Sam Stein

Bailout Recipients Hosted Call To Defeat Key Labor Bill | Sam Stein | Posted 05.25.2011 | Politics

Three days after receiving $25 billion in federal bailout funds, Bank of America Corp. hosted a conference call with conservative activists and busine...

Bank Of America To Get Billions More In Bailout Funds From Treasury

AP | Posted 05.25.2011 | Business

NEW YORK — The U.S. government is nearing a deal to inject Bank of America Corp. with billions of dollars in more aid, The Wall Street Journal r...

Laid Off Workers Seek Bailout For Ailing Chicago Manufacturer

Chi-Town Daily News | Megan Cottrell | Posted 05.25.2011 | Chicago

"They got bailed out! We got sold out!" That was the cry of workers yesterday protesting the closing of Republic Windows and Doors at the Bank of Ame...