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Keyword: bankofamerica

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  • The Obama Administration's Disrespect For The Rule Of Law Hits A New Low

    05/31/2016 11:08:56 AM PDT · by reaganaut1 · 14 replies
    Forbes ^ | May 31, 2016 | George Leef
    The lawlessness of the Obama administration has been astounding. Entire books have been written about President Obama’s notion that he should be and is free to do whatever he wants (such as Lawless by Professor David Bernstein, which I wrote about here). No doubt more will be. One remarkably brazen instance I recently learned about is his administration’s funneling of money from lawsuit settlements into the pockets of left-wing activist groups. It makes you wonder if there is anything this administration won’t try to get away with. Following the collapse of the housing bubble, the federal government initiated several grandstanding,...
  • Is America starting to tire of Trump assassination porn?

    06/12/2017 1:10:32 PM PDT · by 2ndDivisionVet · 20 replies
    Hot Air ^ | June 12, 2017 | Jazz Shaw and The Associated Press
    Remember how well Kathy Griffin’s little “prank” where she symbolically decapitated the President went over? Oh, man. What a hoot. She’s a real cut-up, isn’t she? (Er… sorry.) Rather than being embraced by the Left in a unified block, nearly everyone turned on her and declared that we didn’t need that sort of thing in our national discussion. Even CNN cut her loose, and corporate sponsors quickly moved away from any projects with her name associated with it. Well now we may have the next example of this phenomenon. A performing arts group known as The Public Theater, based in...
  • Delta, Bank of America drop sponsorship of Shakespeare in The Park That Shows Trump Assassination

    06/12/2017 6:45:45 AM PDT · by Enlightened1 · 21 replies
    NY Daily News ^ | 06/12/17 | Kate Feldman
    Delta Airlines and Bank of America pulled out of their sponsorship of New York’s Public Theater on Sunday over a production of “Julius Caesar” that re imagines the main character as President Trump. Shortly after Delta, who was a four-year sponsor, made its announcement, Bank of America yanked its support as well. The Shakespeare in the Park play tells the story of the leader assassinated by Roman senators over the fear that he’s becoming too tyrannical, but rather than the original setting, the production stages Caesar (Gregg Henry) and his wife, Calpurnia, (Tina Benko) with Donald and Melania Trump lookalikes....
  • bank of america atm keeps check, but later debits deposit

    05/30/2017 6:16:23 PM PDT · by SteveH · 59 replies
    me | 5/30/2017 | me
    i have electronic banking with bank of america. a few days ago i deposited a tax refund check using atm, since b of a deducts a hefty fee for any face to face electronic checking account transactions. today i got a notice in the mail that my deposit was debited because my spouse was also on the check but not on my account, even though it was countersigned. along with the notice i got a copy of the check but not the check itself. what are my rights? i feel like reporting it as a robbery to the local police.
  • Bank of America beats, has record quarter in investment banking

    04/18/2017 4:21:56 AM PDT · by RoosterRedux · 6 replies
    businessinsider.com ^ | Matt Turner
    Bank of America delivered earnings per share of $0.41 on revenue of $22.2 billion in the first three months of 2017. That's ahead of analyst expectations. Bank of America had been expected to report earnings per share of $0.35 on revenue of $21.65 billion, according to Bloomberg. The better-than-expected performance was built on an increase in net interest income, with the bank reporting an increase in loans and deposits, and a strong performance in the investment bank. "Each of our businesses reported higher revenue and earnings this quarter, and each recorded solid operating leverage," Paul Donofrio, chief financial officer, said...
  • Crash Pilot's Osama Note

    01/06/2002 5:45:11 PM PST · by Bad~Rodeo · 83 replies · 322+ views
    The lone 15-year-old pilot who stole a small private plane and crashed it into a high-rise office block in Tampa, Florida, left a note expressing sympathy to Osama bin Laden. Tampa Police Chief Bennie Holder said the note was found on the body of Charles Bishop, who was the only person killed in Saturday's incident. "I would characterize it as a suicide note," Holder said.. He said Bishop's note clearly stated that he had acted alone without any help from anyone else. "Troubled Young Man" But Holder said that in the note Bishop expressed sympathy for bin Laden, the Saudi-born ...
  • Why Trump may be costing Democrats millions for their convention

    04/18/2016 8:56:00 AM PDT · by Trumpinator · 15 replies
    politico.com ^ | 04/18/16 05:34 AM EDT | Anna Palmer and Brianna Gurciullo
    Why Trump may be costing Democrats millions for their convention The GOP is struggling to raise cash from corporate donors, and now Democrats are feeling the pinch. By Anna Palmer and Brianna Gurciullo 04/18/16 05:34 AM EDT Republicans have been struggling for months in the shadow of Donald Trump to get corporate sponsors to pony up for their convention. Now Democratic fundraisers are feeling their pain, too. Several Fortune 500 companies — including Bank of America, Duke Energy and Time Warner —are taking a pass on chipping in for the Democratic convention in Philadelphia or, with just 100 days to...
  • Toxic oil loans create trouble for big banks

    04/14/2016 9:45:02 AM PDT · by PAR35 · 7 replies
    CNN ^ | April 14, 2016: 11:55 AM ET | Matt Egan
    ... Bank of America (BAC) on Thursday announced it set aside $997 million to protect from loan losses, mainly in the bank's $22 billion energy portfolio. Wells Fargo (WFC) warned of "significant stress" and "deterioration" in the oil and gas space. The problems there forced Wells Fargo to add $200 million in loan-loss reserves, its first increase to this rainy-day fund since 2009. And JPMorgan Chase increased its provisions for credit losses by 88%, mostly due to the oil, natural gas and pipeline business. It was enough to cause JPMorgan's (JPM) first drop in profits since late 2014. ...
  • Miserable Year for Banks: Stocks Suffer as Rates Stay Low

    04/12/2016 7:31:46 AM PDT · by Lorianne · 5 replies
    Wall Street Journal ^ | 10 April 2016 | Aaron Kuriloff, Riva Gold
    Financial shares are down sharply in 2016 even as broader markets have recovered; central-bank policies squeeze interest margins --- Bank stocks are having a terrible 2016, as central-bank policies, which for years lifted asset prices, are hurting the financial sector. The impact of economic stimulus efforts on lenders will get a fresh airing this week, as big U.S. banks begin reporting their earnings for the first quarter. Trading revenue is expected to have taken a hit, but the more enduring problem will be visible in the lenders’ net interest margins, the basic measure of bank profitability that gets flattened by...
  • Major Companies Press North Carolina on Law Curbing Protections From Bias

    03/30/2016 10:41:24 AM PDT · by Cyberman · 25 replies
    New York Times ^ | 3/29/16 | Jonathan M. Katz
    The onslaught of criticism, economic sanctions and a lawsuit being leveled at Gov. Pat McCrory of North Carolina grew on Tuesday, as the largest corporation in his state joined the fight against a new law that eliminated anti-discrimination protections for lesbian, gay, bisexual and transgender people. Bank of America, which has its headquarters in Charlotte, N.C., announced late Tuesday on Twitter that its leadership was joining over 80 chief executives, including Timothy D. Cook of Apple and Mark Zuckerberg of Facebook, in objecting to the new law. Earlier in the day, the chief executives published a letter, addressed to Mr....
  • Bank of America Merrill Lynch is firing traders worldwide

    03/08/2016 8:43:30 AM PST · by SeekAndFind · 20 replies
    Business Insider ^ | 03/08/2016 | Matt Turner
    Bank of America Merrill Lynch is cutting jobs in its global banking and markets business on Tuesday. The job cuts have already taken place in Asia, and they are working their way across time zones to Europe and now the US, according to people familiar with the matter. Arnaud Droitcourt, head of equity trading in Asia Pacific, and Robert Grillo, head of fixed income e-sales, are among those to have left, according to Bloomberg. A spokesman for Bank of America declined to comment. Business Insider reported last month that the bank had asked senior executives some weeks ago to draw...
  • Bank Of America Just Laid Out Why Its Clients Are Wrong About The Bond Market

    01/12/2016 12:29:52 PM PST · by blam · 10 replies
    BI ^ | 1-12-2016 | Matt Turner
    Matt TurnerJanuary 12,2016Bank of America Merrill Lynch's high-yield team is bearish. So bearish, in fact, that it is getting into debates with its clients and colleagues over exactly how bad it is. "It is our fear that many of the signs we see in high yield ultimately foreshadows further economic and risk asset malaise in 2016 and 2017," the team led by Michael Contopoulos said Monday in a note. "However, as we sort through the financial press releases and discuss our views with investors and internally, we realize our disposition is perhaps on the unconventional side of where most currently...
  • Protesters hijack Monday Night Football: Two men abseil from the stands and dangle unhindered

    11/03/2015 2:18:31 AM PST · by Libloather · 43 replies
    Daily Mail ^ | 11/03/15 | Kelly Mclaughlin
    Protesters hijack Monday Night Football: Two men abseil from the stands and dangle unhindered for TWO QUARTERS as Colts play Panthers - but how did they get rappelling gear past security? Two protesters rappelled down from the upper balcony to unfurl a banner protesting against Bank of America during Monday night's game between the Indianapolis Colts and the Carolina Panthers. The protesters dangled over fans in the lower bowl and in front of press-box windows in Bank of America Stadium in Charlotte, North Carolina, late in the third quarter, then displayed a banner telling the Charlotte-based financial institution to 'dump...
  • Meet the 41 Companies That Donate Directly to Planned Parenthood

    07/22/2015 1:21:17 AM PDT · by Morgana · 26 replies
    dailysignal.com ^ | July 21, 2015 | Melissa Quinn
    In the wake of two videos allegedly showing Planned Parenthood officials discussing the sale of aborted fetal body parts, Republicans in Congress are working to ensure that Planned Parenthood is stripped of its federal funding. However, it’s not only the government that fills Planned Parenthood’s coffers. According to 2nd Vote, a website and app that tracks the flow of money from consumers to political causes, more than 25 percent of Planned Parenthood’s $1.3-billion annual revenue comes from private donations, which includes corporate contributions. 2nd Vote researched the corporations and organizations to find which supported Planned Parenthood and found that more...
  • Companies to boycott over Rainbow nonsense

    06/28/2015 1:02:10 PM PDT · by FreeAtlanta · 120 replies
    vanity
    I saw a huge Delta Air Lines digital sign full of rainbows and "love" nonsense going into Atlanta yesterday morning. I am putting them #1 on my boycott list. Anyone care to add to the list?
  • Texas woman suspended from job after allegedly starting controversial McKinney pool fight

    06/11/2015 12:29:02 PM PDT · by Oliviaforever · 40 replies
    My SA ^ | 6/11/15 | Joshua Fechter
    A California-based company has placed a Texas woman on administrative leave for her part in a controversial pool incident in McKinney that went viral after footage surfaced of a police officer pinning down a 15-year-old black girl.
  • Democratic (and Obama) Fund-Raiser Nemazee Indicted In $292 Million Fraud

    09/21/2009 3:33:07 PM PDT · by pissant · 86 replies · 4,048+ views
    NasDaq ^ | 9/21/09 | Chad Bray
    NEW YORK -(Dow Jones)- New York businessman and prominent Democratic fund- raiser Hassan Nemazee was indicted Monday for allegedly defrauding three banks out of $292 million in loans. Nemazee, 59 years old, was charged with aggravated identity theft and three counts of bank fraud in the indictment. Each bank fraud count carries a term of up to 30 years in prison. A lawyer for Nemazee didn't immediately respond to a request for comment. Nemazee, who was involved in various presidential campaigns and once served as finance chairman of the Democratic Senatorial Campaign Committee, was initially charged criminally in August related...
  • Center for American Progress won’t account $5 million in donations

    01/22/2015 6:35:32 AM PST · by opentalk · 4 replies
    FireAndreaMitchell ^ | January 21, 2015
    Obama lackey John Podesta who founded the far left Center for American Progress is about as transparent as Obama. The Center of American Progress has been hiding it’s donor lists for month. Finally, today they were shamed into releasing a partial list of donors. Problem is Podesta’s Center for American Progress isn’t accounting for over $5 million in donations from ‘anonymous sources.’ Podesta will likely be a big part of Hillary Clinton’s run next year, if the old granny does in fact run. Wonder if she’ll get questions about her buddy Podesta’s missing $5 million. Funny too that you don’t...
  • Major corporations funding “gay” indoctrination in elementary schools across America.

    12/29/2014 7:27:53 AM PST · by massmike · 59 replies
    http://massresistance.com/ ^ | 12/29/2014 | n/a
    It's every parent's nightmare, but true: Major U.S. corporations are funding a campaign of sophisticated, psychologically intrusive "gay" indoctrination programs targeting very young children in elementary schools across America. It’s part of a very well-planned and well-funded effort to reach children as young as possible without their parents’ intervention. The national program, called “Welcoming Schools”, skillfully works on the minds of young children in three ways: (1) Introducing the concept of homosexuality to children. (2) Telling them that homosexuality is normal and natural. (3) Telling them that their parents or friends who portray homosexuality in a less than positive way...
  • Bank of America to Pay a Couple $1M for Automated Calls

    12/14/2014 7:54:57 AM PST · by Brother Cracker · 59 replies
    dakotafinancialnews ^ | December 13th, 2014 | Jennifer Langley
    A Federal judge has ordered the Bank of America to pay a Florida couple $1 million for a slew of automated calls that occurred over a four-year period. According to the order, the relentless calls violated the Fair Debt Collection Practices Act and the Telephone Consumer Protection Act and as such the bank must pay the couple $1,500 for every prerecorded message received. In a statement, Joyce and Nelson Coniglio said they were harassed by telephone calls repeatedly after telling the bank on multiple occasions to stop. The calls started after the Coniglio’s began having problems with their mortgage payments....