Bank of America Bailout

BofA Seeks To Repay A Portion Of Bailout

wsj.com | By DAN FITZPATRICK | Posted 10.16.2009 | 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 07.19.2009 | 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, Bank Of America CEO, Says He Felt Threatened, Pressured To Buy Merrill Lynch

Yahoo! Finance | Anne Flaherty, Associated Press Writer | Posted 07.12.2009 | 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

usatoday.com | Posted 06.29.2009 | 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 06.26.2009 | 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 06.19.2009 | 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 06.03.2009 | 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

bloomberg.com | David Mildenberg | Posted 05.09.2009 | 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 05.03.2009 | 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 03.30.2009 | 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?

HuffingtonPost.com | Sam Stein | Posted 02.28.2009 | 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

HuffingtonPost.com | Sam Stein | Posted 02.27.2009 | 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 02.14.2009 | 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 01.04.2009 | 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...