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8 Nov 2011, 9:13 pm
Despite the fact that many companies violate their integrity agreements--including financial giants like Citigroup, Goldman Sachs, Morgan Stanley, JP Morgan Chase, and Bank of America--the SEC told Judge Rakoff that it has not brought any contempt proceedings against violators in the last ten years. [read post]
8 Nov 2011, 7:37 pm
Adam Kress, the New Media Editor of the Phoenix Business Journal, calls Bank of America's $410 million settlement of class action litigation over its debit card overdarft fees practices "another reason to hate big banks. [read post]
8 Nov 2011, 4:42 pm
Kirkland & Ellis, Shearman & Sterling, Bingham McCutchen, and Harter Secrest & Emery are advising on asset sales announced this week by Bank of America and Eastman Kodak. [read post]
8 Nov 2011, 3:50 pm
(It must be remembered that these so-called "agencies" are actually for-profit, publicly traded companies whose clients are the very wealthy individuals and banks that benefit from austerity economics.) [read post]
8 Nov 2011, 8:28 am
During the first nine months of 2011, Bank of America had to pay to Freddie Mac [...] [read post]
8 Nov 2011, 7:22 am
[JURIST] A senior judge for the US District Court for the Southern District of Florida [official website] on Monday gave final approval to a $410 million settlement in the class action suit against Bank of America (BOA) [corporate website] for overdraft fees that affected more than 13 million people. [read post]
8 Nov 2011, 7:08 am
Bank v. [read post]
8 Nov 2011, 6:56 am
This was in August As the Greeks abandon the Euro, money abandons Europe, and that makes America look good – for the moment. [read post]
8 Nov 2011, 4:54 am
It’s also worth noting here that Bank of America founder and president A.P. [read post]
8 Nov 2011, 3:59 am
Our Week of Conferences: Sights & Sounds Here are three short videos from our week of Conferences this week - this first one shows the sheer size of our "Investors Speak" panel on Wednesday (2000 attendees in person and many more online): A groovy exhibit from E*Trade in our Exhibit Hall: Also liked this set-up in the Exhibit Hall from Bank of America/Merrill Lynch: - Broc Romanek [read post]
8 Nov 2011, 3:07 am
ILR’s board members run the gamut of industries — from chemical makers and drug companies to Wall Street banks. [read post]
8 Nov 2011, 1:53 am
ILR’s board members run the gamut of industries — from chemical makers and drug companies to Wall Street banks. [read post]
7 Nov 2011, 9:08 pm
After the media got a hold of it, most of the banks announced that they would be suspending foreclosures, including Bank of America, whose internal investgation took almost two whole weeks before they announced that everything was fine again, and foreclosures could commence. [read post]
7 Nov 2011, 7:46 pm
Looking at figures for the last three months, Goldman Sachs (96 percent negative) and Bank of America (89 percent negative) topped the list of disliked banks. [read post]
7 Nov 2011, 6:52 pm
If the SEC determines not to increase the amount, it must report to the House Committee on Financial Services and the Senate Banking Committee on its reasons for not increasing the amount. [read post]
7 Nov 2011, 12:53 pm
The major banks, including Bank of America, Chase, Citibank, Wells Fargo, GMAC, and EMC, will have to fund these independent reviews to evaluate whether borrowers suffered financial injury through error, misrepresentation, fraud, or other deficiencies in the foreclosure process. [read post]
7 Nov 2011, 10:57 am
The American people bailed out Bank of America during a financial crisis the banks helped create. [read post]
7 Nov 2011, 10:53 am
His hedge fund has declined nearly 50% this year as a result of a massive positions in Bank of America, which had lost half of its value by October, Rupert Murdoch’s scandal-plagued News Corp., which owns Fox News, and Sino-Forest Corp., which imploded after an accounting scandal. [read post]
7 Nov 2011, 8:39 am
" To us, it sounded like asking average Joes to donate money to banks, which is the height of absurdity. [read post]
7 Nov 2011, 7:11 am
Whatever one thinks of the Occupy movements, they express the inchoate anger of young people who have been sold a bill of goods (in America’s case, the student loans for their impractical educations). [read post]
