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BofA, Merrill Deal: Republicans And Democrats Square Off Over Government's Role

AP | MARCY GORDON | Posted 11.17.2009 | Business

Read More: Merrill Lynch, Edolphus Towns, Tim Geithner, Bofa, Bank of America, Andrew-Williams, House Oversight and Government Reform Committee, Charles Gifford, Federal Reserve Bank of New York, Merril Lynch Bank of America Merger, Business News

WASHINGTON — A senior House Democrat says the government didn't force Bank of America to take over Merrill Lynch, but a bank board member said m...

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BofA CEO Search: Bob Kelly, Bank Of New York CEO, Won't Take Job

charlotteobserver.com | Rick Rothacker and Christina Rexrode | Posted 11.03.2009 | Business

Read More: Bank of America, Charlotte-North Carolina, Ken Lewis, Bob Kelly, Wachovia, Bank of New York Mellon, BofA CEO, Bofa, Business News

Add Bob Kelly to the list of financial services executives who aren't clamoring for the top job at Bank of America Corp. The Bank of New York Mellon ...

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How The US Blew The Trillion-Dollar Trade Of The Century

Bloomberg | Mark Fisher | Posted 10.26.2009 | Business

Read More: Geithner, John Thain, Hank Paulson, The Logical Trader, Bush, Bill Gross, Paulson, Bailouts, Economic Crisis, Bank of America, Aig, Obama, Bofa, Taxpayers, Barack Obama, Recession, Mark Fisher, Warren Buffet, Merrill Lynch, Wall Street, Bailout, Finance, Lehman Brothers, Fed, Tim Geithner, Bernanke, Treasury, Banks, Ben Bernanke, Business News

When the government was forced to bail out the financial system, our friends in Washington also had the opportunity to make the trade of the century f...

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"Too Big To Fail" Legislation Is On The Way

New York Times | STEPHEN LABATON | Posted 10.26.2009 | Politics

Read More: Goldman Saks, Congress, Economy, Bailouts, Obama, Too Big to Fail Bill, Legislation, Ben Bernanke, Aig, White House, Bailout, Federal Reserve, Lehman Brothers, Bofa, Treasury, Gop, Consumer Protection Agency, Financial Crisis, Paul Volcker, Wall Street, Citigroup, Bank of America, Derivatives, Ben Bernanke Federal Reserve, Democrats, Recession, Barney Frank, House, House Financial Services Committee, Senate, Barack Obama, Tim Geithner, Banks, Bonuses, Too Big to Fail, Executive Pay, Politics News

A senior administration official said on Sunday that after extensive consultations with Treasury Department officials, Representative Barney Frank, th...

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Money Spent On Perks, Fringe Benefits Rose At Bailed Out Banks Last Year

Washington Post | Tomoeh Murakami Tse | Posted 10.20.2009 | Business

Read More: Benefits, Bank of America, Afl-Cio, Perks, Obama, Bofa, Gmac, Fringe Benefits, Corporate Jet, Ralph Babb, Tax Money, Wall Street, Bailout, Ken Lewis, Rescued Banks, Banks, Taxpayer Money, Chauffeur, Cit Group, Kenneth Feinberg, Bailed Out Banks, Business News

Even as the nation's biggest financial firms were struggling and the federal government was spending hundreds of billions of dollars to save many of t...

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Senate Bill Would Restrict Banks Overdraft Charges

New York Times | ANDREW MARTIN | Posted 10.20.2009 | Politics

Read More: Law, Chase, New Law, Legislation, Wells Fargo, Christopher Dodd, Bill, Bank of America, Bofa, Citibank, Banks, Dodd, Overdraft Charge, Overdraft Fee, Senate, Politics News

In the latest attack on overdraft fees charged by banks, Christopher J. Dodd, the Connecticut Democrat who heads the Senate Banking Committee, introdu...

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Bank Of America Earnings: Bank Lost $2.24 Billion On Ba Loans

AP | IEVA M. AUGSTUMS | Posted 10.16.2009 | Business

Read More: Bank of America Earnings, Bank of Americ 3q, Ken Lewis, Back of America Stock, Bank of America, Bofa, Pay Czar, Business News

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 mo...

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Bank Of America Email: Merrill Deal Would "Screw Shareholders"

Posted 10.14.2009 | Business

Read More: Merrill Lynch, Andrew Cuomo, Bank of America Email, Ken Lewis, Bank of America, Bofa, Merril Lynch Bank of America Merger, Business News

A Bank of America Corp. director wrote to another director in a January email that pressure from the federal government to slash the bank's dividend m...

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AP Source: Bank of America To Give Up Documents From Merrill Lynch Deal

AP | VINNEE TONG and STEPHEN BERNARD | Posted 10.13.2009 | Business

Read More: Shareholders, John Thain, Sec, Wall Street, Ken Lewis, Lehman Brothers, Ceo, Merill Lynch, Bank of America, Charlotte, Bofa, Bonuses, Executive Pay, Merill, Business News

SAN FRANCISCO — After months of resistance, Bank of America Corp. plans to turn over documents showing legal advice it received on its purchase ...

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Ken Lewis: The Onion Skewers Bank Of America's Chiefs Resignation

The Onion | Posted 10.08.2009 | Business

Read More: Bank of America, Ken Lewis Resignation, Ken Lewis, Bofa, Business News

Once heralded as a shrewd innovator, embattled CEO Ken Lewis is now leaving Bank Of America. Here are some key missteps from the past 18 months that h...

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Bank Of America Won't Hike Card Rates

Washington Post | Nancy Trejos | Posted 10.07.2009 | Business

Read More: JP Morgan Chase, Interest Rates, Chase, Default, Bofa, Bank of America, Credit Card Rates, Dodd, Congress, Obama, Barack Obama, House Financial Services Committee, Business News

Bank of America said it will not raise credit card interest rates before February, when a law restricting industry practices takes effect, unless a ca...

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Bank Of America's "Emergency CEO" Coming This Week: Report

Reuters | Posted 10.05.2009 | Business

Read More: Banks, Bofa, Bank of America, Ken Lewis, Business News

(Reuters) - Bank of America Corp plans to select an emergency chief executive officer this week if legal issues force Ken Lewis to leave before year-e...

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This Week In Cheating: Ken Lewis' Pension

Jeff Kreisler | Posted 10.01.2009 | Business

Read More: Severance, Pension, Corrupt, Bank of America, $53 Million, Retirement, Megan Fox Naked, Scam, Ken Lewis, Bofa, Capitalism, Scandal, Unfair, B of A, Monty Python, Business News
Jeff Kreisler

What's a pension? A system wherein the employee gives the boss money for "safekeeping." Good luck with that.

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The 7 Most Awkward Ken Lewis Faces (PHOTOS)

Posted 10.01.2009 | Business

Read More: Bank of America, Bofa, Ken Lewis, Ken Lewis Most Awkward Faces, Slidepoll, Business News

On the heels of the announcement that Ken Lewis will be retiring from Bank of America later this year, we decided to take an unusual look back at Lewi...

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Ken Lewis Retiring: Bank Of America CEO To Step Down By End Of 2009

AP | STEVENSON JACOBS | Posted 10.01.2009 | Business

Read More: Charlotte, Ken Lewis Out, Merrill Lynch, Ken Lewis Retirment, Shareholders, Retiring, Wall Street, Bailout, Ken Lewis, Retirement, Bank of America, Ceo, Kenneth Lewis, Bofa, Ken Lewis Retiring, North Carolina, Business News

NEW YORK — Ken Lewis, the embattled CEO of Bank of America Corp., is leaving the company, succumbing to nearly a year of strife that followed hi...

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Bank Of America Backpedals On Overdraft Fees

AP | CANDICE CHOI and EILEEN AJ CONNELLY | Posted 09.23.2009 | Business

Read More: Bank of America Fees, Bank of America, Bank of America Overdraft, Bofa, Bank of America Overdraft Fees, Business News

NEW YORK — As lawmakers prepare to implement sweeping credit card reforms, Bank of America Corp. and JPMorgan Chase & Co. are moving to overhaul...

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Bank Of America Trial With SEC Coming

AP | MARCY GORDON | Posted 09.22.2009 | Business

Read More: Merrill Lynch, Bank of America, Sec, Edolphus Towns, Ken Lewis, Bofa-Merrill-Lynch-Bonuses, Bofa, Securities and Exchange Commission, Business News

WASHINGTON — Bank of America Corp. now faces a trial with the Securities and Exchange Commission over billions in bonuses paid at Merrill Lynch,...

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FBI Criminal Probe Into BofA-Merrill Deal Has Been Active For Six Months

Charlotte News-Observer | Posted: Saturday, Sep. 19, 2009 | Posted 11.19.2009 | Business

Read More: Bank of America Merrill Lynch, FBI Bank of America, FBI Merrill Lynch, Bank of America, Bofa, Merrill Lynch Deal, Business News

The FBI in Charlotte and the U.S. Justice Department are among the multitude of agencies investigating Bank of America Corp.'s acquisition of Merrill ...

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Cuomo Subpoenas Bank Of America Board Members

AP | STEPHEN BERNARD | Posted 11.16.2009 | Business

Read More: Bank of America Board, Merrill Lynch, Andrew Cuomo, Bank of America Subpoena, Bank of America, Bofa, Merill Lynch Bonuses, New York Attorney General, Business News

NEW YORK — The New York Attorney General's office subpoenaed five members of Bank of America Corp.'s board Wednesday as part of an investigation...

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Judge Overturns Bank Of America-SEC Settlement Over Merrill Bonuses

AP | STEPHEN BERNARD | Posted 11.14.2009 | Business

Read More: Merrill Lynch, Bank of America, Bofa-Merrill-Lynch-Bonuses, Sec, Securities Exchange Commission, Bofa, Jed-S-Rakoff, Business News

NEW YORK — A federal judge on Monday rejected a $33 million settlement between the Securities and Exchange Commission and Bank of America Corp.,...

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BofA Snaps Back At Andrew Cuomo, Says It's Not Hiding Behind Lawyers

WSJ | DAN FITZPATRICK | Posted 11.09.2009 | Business

Read More: Merrill Lynch, Andew Cuomo, Bank of America, Bofa-Merrill-Lynch-Bonuses, Bofa, New York Attorney General, Business News

Bank of America Corp. fired back at New York Attorney General Andrew Cuomo on Tuesday with a letter calling his office's allegations of wrongdoing "sp...

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BofA's Thumbprint Rule Irks Man Born With No Arms

AP | Posted 10.18.2009 | Business

Read More: Bank of America, Steve Valdez, Bofa, Tampa-Florida, Thumprint, Business News

TAMPA, Fla. — A Florida man born without arms says a Tampa bank would not let him cash a check because he couldn't provide a thumbprint. Steve ...

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BofA Seeks To Repay A Portion Of Bailout

wsj.com | By DAN FITZPATRICK | Posted 10.16.2009 | Business

Read More: Bailout, Bank of America, Bank of America TARP, Bofa, Bank of America Bailout, Repay Bailout, Business News

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...

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From Bank of America, Two Different Stories About Tracking Bailout Funds

Huffington Post Investigative Fund | Ben Protess | Posted 09.25.2009 | Business

Read More: Citi, Treasury Department, Citigroup, Finance, Bank of America and Treasury Department, Banks, SEC and Bank of America, Wall Street Bailout, Bailout, Huffington Post Investigative Fund, Bank of America, Merrill Lynch, Ken Lewis, Bank of America Statement, Bofa, House Financial Services Committee, Business News

Is Bank of America, the nation's largest bank, tracking how it spends $45 billion in taxpayer funds? That depends on which Bank of America statement ...

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In A First, Bank Of America Ends Arbitration Of Credit Card Disputes

Reuters | Posted 09.13.2009 | Business

Read More: Bank of America, Credit Card Disputes, Bank of America Credit Cards, Arbitration of Credit Card Disputes, Bofa, Business News

NEW YORK (Reuters) - Bank of America Corp, the largest U.S. bank, said on Thursday it is dropping a requirement that forces consumers with disputes on...

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