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30 Aug 2011, 8:08 pm
      But beyond compellingly recounting this history, The Subprime Virus wonderfully explains how bank greed and government blindness and complicity led to the mortgage market collapse. [read post]
30 Aug 2011, 7:49 pm by Adam Levitin
The Nevada AG minced no words:  Bank of America misrepresented, both in communications with Nevada consumers and in documents they recorded and filed, that they had authority to foreclose upon consumers' homes as servicer for the trusts that held these mortgages. [read post]
30 Aug 2011, 7:35 pm by McNabb Associates, P.C.
Under this analysis, cell phone location data is like bank records — there is no expectation of privacy because the information is provided to a third party or company. [read post]
30 Aug 2011, 4:42 pm by Lovechilde
By Dave Johnson, cross-posted from Campaign For America's Future [Editor's Note:  Not my brother-in-law. [read post]
30 Aug 2011, 1:35 pm
Guardian columnist David Banks writes today on the New Jersey Supreme Court's landmark decision last week on eyewitness misidentification, and calls on British courts to follow America's lead by instituting a set of guidelines to ensure that eyewitness evidence is as accurate as possible. [read post]
30 Aug 2011, 12:02 pm by By NELSON SCHWARTZ
Several homeowners filed suit in a New York federal court seeking to block a proposed $8.5 billion settlement between Bank of America and major mortgage investors. [read post]
30 Aug 2011, 10:42 am
The FDIC has filed its objection to the proposed $8.5 Billion settlement between Bank of America and Bank of New York Mellon. [read post]
30 Aug 2011, 10:15 am by By EVELYN M. RUSLI
The billionaire investor, who turned 81 on Tuesday, bids adieu to a tumultuous year for Berkshire Hathaway, filled with highs like the $5 billion investment in Bank and America and lows like the resignation of a top executive. [read post]
30 Aug 2011, 9:34 am by By DEALBOOK
Buffett, who has called for higher taxes on the rich, took aim at a Wall Street Journal editorial that called his Bank of America investment a "tax-avoidance triumph. [read post]
30 Aug 2011, 8:15 am
Venedie Roberto Valencia, 27, North Hollywood, California, who worked at Bank of America at the time of the offense, was sentenced to 15 months in federal prison for his role in a mortgage fraud scheme in which the schemers used stolen identities to "purchase" homes that were not for sale. [read post]
30 Aug 2011, 7:17 am by Lovechilde
We now know that America's banks, which were too mismanaged to receive credit from any reputable institution, received massive loans -- even though the only collateral they provided was pretty much worthless at that point. [read post]
30 Aug 2011, 6:24 am by John Mikhail
The most likely source appears to be James Wilson’s 1785 pamphlet, “Considerations on the Bank of North America. [read post]
30 Aug 2011, 4:49 am by The JAG HUNTER
A Robert Hefner click on image Make no mistake here, or it will be America’s last mistake. [read post]
30 Aug 2011, 4:15 am by Walter Olson
Tags: Andrew Cuomo, attorneys general, Bernard Madoff, Eliot Spitzer, New York, prosecution, securities litigation Related posts Bank of America disclosure controversy (0) At times they even talk alike (0) Welcome New York Sun readers (0) Update: $1.3 billion tobacco fee reinstated (0) September 3 roundup (0) [read post]
29 Aug 2011, 4:18 pm by S2KM Limited
/MAAF Group conspiracy and filed lawsuits (conspiracy lawsuits) against multiple defendants including French bank Credit Lyonnais (which allegedly was a secret, indirect buyer of ELIC and controlled Aurora through secret agreements) alleging violations of the Federal Bank Holding Company Act, the California Insurance Code and other California statutes. [read post]
29 Aug 2011, 4:13 pm by Brian Baxter
Bank of America is selling more than half of its stake in Beijing-based China Construction Bank as part of an effort to raise $8.3 billion to boost its capital reserves. [read post]
29 Aug 2011, 11:12 am by Mark J. Astarita, Esq.
That would undoubtedly be good news for Merrill Lynch brokers and advisors.BofA's woes making life difficult for Merrill advisers - InvestmentNews Related articles, courtesy of Zemanta: Reports: BofA eyes sale of Merrill Lynch assetsBuffett hasn't saved Bank of America, he'll just profit from the reckoningBofA May Sell Merrill Property Assets to BlackstoneBofA Merrill Global Equities Co-Head Going to UBS [read post]