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There may be situations where, you want a good example, is the CEO for Bank of America, where we thought it important to claw back
SOURCE: ABC News -
The management of Bank of America having allegedly hidden from its shareholders as much as $5.8 billion of their money given as bonuses to the executives of Merrill Lynch, who had run that company nearly into bankruptcy would now settle the legal consequences of their lying by paying the SEC $33 million...
SOURCE: The Tennessean -
If these people have talents that justify those levels of compensation and Feinberg tells them you can’t have it because you’re at Citigroup or Bank of America, the next thing you know they’ll be working at Goldman Sachs or JPMorgan Chase
SOURCE: Bloomberg.com -
Washington launched its biggest offensive yet against runaway Wall Street pay practices Thursday, taking aim at everyone from senior executives to high-flying traders of complex securities. Leading the charge was the White House, which outline a series of drastic pay cuts for top executives at the natio...
SOURCE: Political Animal -
There are going to be a lot of active poaching attempts, most likely by European banks. This certainly is going to be a problem for Citigroup and Bank of America.
SOURCE: Bloomberg.com -
There's good intentions there, but from a competitive standpoint it would put Bank of America and Citigroup in a precarious position when it comes to keeping heads of fixed income and heads of investment banking
SOURCE: Globe and Mail -
Many of their Democrats want that subpoena, which is now part of Bank of America's greater problem, which is how many sweetheart loans were given to government officials.
SOURCE: The Hill -
We were completely transparent with Bank of America. They learned about those losses when we did
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the largest transfer of wealth in the history of mankind from the taxpayers into the most dysfunctional institutions in the country - the very same institutions that caused the crisis in the first place...with government now as the largest shareholder in: Citibank, General Motors, AIG, and the Bank of A...
SOURCE: Human Events Online -
Bank of America chief executive Kenneth D. Lewis used the threat of backing out of the government-backed deal as leverage for billions more in taxpayer bailout money
SOURCE: Slate -
As a result of this collaboration, the taxpayers ended up footing the bill so Bank of America didn’t have to absorb Merrill Lynch’s losses.
SOURCE: The Market Oracle -
The strategic wisdom of the Bank of America-Merrill Lynch deal is now obvious to everyone ... These documents and e-mails reveal the good faith deliberations among those who understood that first.
– Lawrence Di Rita SOURCE: The Market Oracle -
This full-year extension of our line is an important step forward in our restructuring ... All of our stakeholders benefit from this and we are pleased by the cooperation and support from Bank of America and our other line banks.
SOURCE: TransWorldNews -
Avjet has enjoyed consistent growth for nearly 30 years and has emerged from the current global crisis as a clear industry leader ... When considering a financial trading partner, we wanted our clients to have the same comfort and security that is only available from one of the world's largest and most ...
SOURCE: Freshnews.com -
Bank of America customers should say ‘no thanks’ to expensive overdraft loan programs linked to their debit card ... Overdraft loan programs are an expensive and abusive form of credit. Until the Fed issues strong new regulations and those new rules are finally implemented, consumers should check with t...
SOURCE: Kansas City Infozine -
As the leading issuer of credit cards in the world, we believe that Bank of America offers us the greatest opportunity to reach people and ask them to take charge of climate change by supporting renewable energy development with every purchase.
SOURCE: Portland Indymedia
About Bank of America
Wikipedia
Bank of America Corporation (NYSE: BAC) is the largest financial services company in the world, largest bank by assets, second largest commercial bank by deposits, and third largest by market capitalization in the United States. Full Article
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AP Photo
Charts track quarterly earnings and losses for Bank of America, Citigroup, JPMorgan Chase & Co. and Wells Fargo & Co. since the first quarter of.
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AP Photo
James Jackson, Bank of America veteran, joins Capital One Bank as new Head of Branch Distribution.
View Photo » -
Reuters Pictures
Trading specialist Michael O'Connor of Bank of America works trading shares of Johnson & Johnson, on the floor of the New York Stock Exchange April 14, 2009.
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Reuters Pictures
A protester waits outside a Bank of America ATM during a march through New York's financial district to rally against government bailouts, April 3, 2009.
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Reuters Pictures
A customer at a Bank of America ATM watches protesters walk through New York's financial district, during a rally against government bailouts April 3, 2009.
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AP Photo
FILE - In this March 27, 2009 file photo, Bank of America Corp.
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AP Photo
Bank of America Chief Executive Officer Kenneth Lewis, right, leads the way as chief executives leave the White House in Washington, Friday, March 27, 2009, after a meeting between chief executives and President Barack Obama.
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Reuters Pictures
Bank of America Corp. CEO Kenneth Lewis answers a question next to Wells Fargo CEO John Stumpf (L) at the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009.
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AP Photo
Bank of America Corp. Chief Executive Officer Kenneth Lewis, center, flanked by PNC Financial Service Chief Executive Officer James E. Rohr, left, and US Bank Chief Executive Officer Richard Davis, speaks to reporters outside the White House in Washington, Friday, March 27, 2009, followi...
View Photo » -
Reuters Pictures
Bank of America Corp. Chief Executive Kenneth Lewis speaks to reporters at the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009. Behind him are US Bancorp.
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AP Photo
Bank of America Corp. Chief Executive Kenneth Lewis, right, listens to Bank of New York Mellon Chief Executive Officer Robert Kelly speak to reporters outside the White House in Washington, Friday, March 27, 2009, following a meeting between chief executives and President Barack Obama.
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AP Photo
US Bank Chief Executive Officer Richard Davis, left, and Bank of America Corp. Chief Executive Kenneth Lewis, right, speak to reporters outside the White House in Washington, Friday, March 27, 2009, following a meeting between chief executives and President Barack Obama.
View Photo » -
Reuters Pictures
Bank of America Chief Executive Ken Lewis departs the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009.
View Photo » -
AP Photo
Bank of America Corp. Chief Executive Officer Kenneth Lewis speaks to reporters outside the White House in Washington, Friday, March 27, 2009, following a meeting between chief executives and President Barack Obama. At right is Wells Fargo Chief Executive Officer John Stumpf.
View Photo » -
AP Photo
Bank of America Chief Executive Officer Ken Lewis is followed by reporters as he leave the White House in Washington, Friday, March 27, 2009, following a meeting between chief executives and President Barack Obama.
View Photo » -
Reuters Pictures
Bank of America Chief Executive Ken Lewis departs the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009.
View Photo » -
Getty Images
US Bank CEO Richard Davis (3rd R) and Bank of America counterpart Ken Lewis (4th L) speak to the press at the White House in Washington on March 27, 2009 after a meeting of the heads of the country's largest banks with US President Barack Obama as Bank of New York Mellon CEO Robert Kel...
View Photo » -
AP Photo
Bank of America Chief Executive Officer Kenneth Lewis, right, leads the way as chief executives leave the White House in Washington, Friday, March 27, 2009, following a meeting between chief executives and President Barack Obama.
View Photo » -
AP Photo
Bank of America Chief Executive Officer Ken Lewis, center, talks with reporters outside the White House in Washington, Friday, March 27, 2009, following a meeting between chief executives and President Barack Obama.
View Photo » -
Reuters Pictures
Bank of America Corp. Chief Executive Kenneth Lewis speaks to the media at the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009.
View Photo » -
AP Photo
Bank of America Chief Executive Officer Kenneth Lewis speaks as he leaves the White House in Washington, Friday, March 27, 2009, after meeting between chief executives and President Barack Obama.
View Photo » -
Reuters Pictures
Jane Hoffman demonstrates outside a Bank of America branch in Portsmouth, New Hampshire March 19, 2009, one of many protests planned outside banks across the United States.
View Photo » -
Reuters Pictures
Demonstrators hold signs outside a Bank of America branch in Portsmouth, New Hampshire March 19, 2009, one of many protests planned outside banks across the United States.
View Photo » -
Reuters Pictures
Joan Hamblet demonstrates outside a Bank of America branch in Portsmouth, New Hampshire March 19, 2009, one of many protests planned outside banks across the United States.
View Photo » -
Reuters Pictures
Joan Jacobs demonstrates outside a Bank of America branch in Portsmouth, New Hampshire March 19, 2009, one of many protests planned outside banks across the United States.
View Photo »
AP Photo
James Jackson, Bank of America veteran, joins Capital One Bank as new Head of Branch Distribution.
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There are going to be a lot of active poaching attempts, most likely by European banks. This certainly is going to be a problem for Citigroup and Bank of America.
SOURCE: Bloomberg.com -
There's good intentions there, but from a competitive standpoint it would put Bank of America and Citigroup in a precarious position when it comes to keeping heads of fixed income and heads of investment banking
SOURCE: Globe and Mail -
Many of their Democrats want that subpoena, which is now part of Bank of America's greater problem, which is how many sweetheart loans were given to government officials.
SOURCE: The Hill -
We were completely transparent with Bank of America. They learned about those losses when we did
-
the largest transfer of wealth in the history of mankind from the taxpayers into the most dysfunctional institutions in the country - the very same institutions that caused the crisis in the first place...with government now as the largest shareholder in: Citibank, General Motors, AIG, and the Bank of A...
SOURCE: Human Events Online -
Bank of America chief executive Kenneth D. Lewis used the threat of backing out of the government-backed deal as leverage for billions more in taxpayer bailout money
SOURCE: Slate -
As a result of this collaboration, the taxpayers ended up footing the bill so Bank of America didn’t have to absorb Merrill Lynch’s losses.
SOURCE: The Market Oracle -
The strategic wisdom of the Bank of America-Merrill Lynch deal is now obvious to everyone ... These documents and e-mails reveal the good faith deliberations among those who understood that first.
– Lawrence Di Rita SOURCE: The Market Oracle -
This full-year extension of our line is an important step forward in our restructuring ... All of our stakeholders benefit from this and we are pleased by the cooperation and support from Bank of America and our other line banks.
SOURCE: TransWorldNews -
Avjet has enjoyed consistent growth for nearly 30 years and has emerged from the current global crisis as a clear industry leader ... When considering a financial trading partner, we wanted our clients to have the same comfort and security that is only available from one of the world's largest and most ...
SOURCE: Freshnews.com -
Bank of America customers should say ‘no thanks’ to expensive overdraft loan programs linked to their debit card ... Overdraft loan programs are an expensive and abusive form of credit. Until the Fed issues strong new regulations and those new rules are finally implemented, consumers should check with t...
SOURCE: Kansas City Infozine -
As the leading issuer of credit cards in the world, we believe that Bank of America offers us the greatest opportunity to reach people and ask them to take charge of climate change by supporting renewable energy development with every purchase.
SOURCE: Portland Indymedia -
Thank God Ken Lewis and Bank of America had the cash and the vision to buy Merrill before the week-from-hell began
SOURCE: The Daily Beast -
What appears to have done the damage at Bank of America is the ongoing attitude of consumers who... remain cautious about spending while faced with the spectre of increasing unemployment
SOURCE: The Age -
GE and Bank of America raised question marks again ... It gave investors a reason to be cautious and take some profits.
SOURCE: The Washington Post -
I have no doubt that Bank of America will thrive and that my absence will not slow the momentum
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I just wanted to say thank you for the ups you’ve shown me during my time with you and the support you’ve shown the company ... It’s been a pleasure to lead Bank of America and interact with all of you. I have no doubt that Bank of America will thrive and my absence will not slow the momentum that is st...
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I just wanted to say thank you for the ups you’ve shown me during my time with you and the support you’ve shown the company ... It’s been a pleasure to lead Bank of America and interact with all of you. I have no doubt that Bank of America will thrive and my absence will not slow the momentum that is st...
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Bank of America is not going to fail. It's eventually going to turn this around -- but it will take time
SOURCE: The Washington Post -
Lewis felt that it was not in the best interest of the Bank of America to get involved in a dispute with the pay master
SOURCE: Wichita Business Journal -
The idea that the financial crisis is over is a fantasy, and it looks like the numbers bear that out ... It’s clearly not over for Bank of America.
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