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8 Aug 2011, 9:11 am
Bank of America is being sued by its investors and were close to reaching a $8.5 billion settlement. [read post]
8 Aug 2011, 7:25 am
Bank of America shares slide 15 percent; the bank has now lost nearly nearly half its stock market value this year. [read post]
8 Aug 2011, 6:57 am
CanadaHIV-positive teen charged with aggravated sexual assault, Edmonton JournalClass action suit OK'd against drugmaker, Vancouver ProvinceJustice minister says euthanasia issue won't be revisited, The Globe and MailUnited StatesAIG sues Bank of America for $10B for alleged fraud, ReutersOlson, Boies request court aid, ReutersInternationalUkraine judge denies ex-PM freedom from police detention, ReutersAustralian court delays new border security policy, Reuters [read post]
8 Aug 2011, 6:56 am
The now-defunct lender, which was purchased by Bank of America several years ago, has been accused of fraud when originating loans, foreclosing and even charging fees and interest to borrowers. [read post]
8 Aug 2011, 6:38 am
Merrill Lynch & Company, now a part of Bank of America Corporation, allegedly did not inform investors of its involvement in propping up auctions. [read post]
8 Aug 2011, 6:26 am
The Federal Reserve’s frantic quantitative easing, QE1 and QE2, printed money and bought mortgage paper on the street, helping banks and financial institutions recapitalize, but it hardly created jobs—not lasting ones anyway. [read post]
8 Aug 2011, 1:49 am
There is a lot of competition in the worst transaction category, including Bank of America’s purchase of Countrywide. [read post]
8 Aug 2011, 1:49 am
There is a lot of competition in the worst transaction category, including Bank of America’s purchase of Countrywide. [read post]
7 Aug 2011, 11:23 pm
America has become addicted to reality shows but are these shows truly set in reality or are they helping to bankrupt our souls and bank accounts? [read post]
7 Aug 2011, 11:23 pm
America has become addicted to reality shows but are these shows truly set in reality or are they helping to bankrupt our souls and bank accounts? [read post]
6 Aug 2011, 5:02 pm
OppenheimerFunds Settles Mismanagement Case for $100 Million, Bloomberg Businessweek, July 26, 2011 OppenheimerFunds to pay $100 million to settle mismanagement case, Denver Post, July 27, 2011 More Blog Posts: Mortgage-Backed Securities Lawsuit Against Bank of America’s Merrill Lynch Now a Class Action Case, Stockbroker Fraud Blog, June 25, 2011 Class Members of Charles Schwab Corporation Securities Litigation Can Still Opt Out to File Individual Securities Claim,… [read post]
6 Aug 2011, 2:27 pm
American Home Assurance Co.'s policy with IFCO Systems North America defined an occurrence as an unintentional act, U.S. [read post]
6 Aug 2011, 6:10 am
Among the many entities that invested in mortgage backed securities is a group of investors that have reportedly requested to be excluded from the $8.5 billion Bank of America settlement announced last week. [read post]
6 Aug 2011, 5:33 am
Group Long Term Disability Benefits Plan sue Unum Life Insurance of America in Illinois and Nevada Recently, two disabled employees of the HSBC Bank in Illinois and Nevada filed lawsuits against the Unum Life Insurance of America (Unum) for the wrongful denial of disability insurance benefits under the Employee Retirement Income Security Act (ERISA). [read post]
6 Aug 2011, 3:18 am
Seigfreid TO: State of Georgia Attorney General Sam Olens SUBJECT: 1) Criminal Complaint of Treason against BARACK HUSSEIN OBAMA, representing himself as President of the United States of America; TO WIT: Barack Hussein Obama (respondent) has repeatedly and consciously violated the Oath of Office that he swore to uphold, in presumed good-faith, upon his inauguration as President of the United States of America, and these actions are treasonable offenses; As a… [read post]
5 Aug 2011, 8:46 am
That's a 15-year loan, and the boys at Bank of America are charging the city 6.293% a year interest on that $11.3 million. [read post]
5 Aug 2011, 8:16 am
Given the recent performance of Bank of America’s stock, no doubt the extra warnings are well-placed. [read post]
5 Aug 2011, 6:44 am
Bank of America had 40,000 foreclosures in the first quarter, saddling the Charlotte, North Carolina-based lender with taxes and maintenance costs. [read post]
5 Aug 2011, 6:25 am
The motion to dismiss filed by Bank of America was denied by the Judge on the case. [read post]
5 Aug 2011, 5:52 am
The New York AG has challenged a proposed $8.5 billion settlement between the Bank of New York Mellon and the Bank of America over troubled loan pools issued by Countrywide (acquired by BofA). [read post]
