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Google blacklists Bank of America parody website
Update: Shortly after this report was published, Google removed YourBofA.com from its “phishing scams” blacklist Search giant Google blacklisted on Wednesday a website made to look like an outreach campaign by Bank of America, in what turned out to be an activist’s effort to get people talking about how the…
‘Occupy’ protesters fight for D.C. resident to stay in her home
“Occupy D.C.” protesters may have been evicted from their encampment earlier this month, but protestors are still finding ways to make an impact, helping one city resident stay in her home Monday evening. According to The Washington Post, around 50 protesters rallied outside the office of government mortgage giant Freddie…
New York sues banks over fraudulent foreclosures
The state of New York sued major US banks on Friday for fraudulently foreclosing on thousands of homeowners in the state in the wake of the nationwide housing crash. The state is suing JPMorgan Chase, Bank of America and Wells Fargo, along with Virginia-based MERSCORP, which it called a “shell…
Senior citizens shut down Bank of America branch in Calif.
A group of senior citizen activists calling themselves “Wild Old Women” staged a protest at a San Francisco Bank of America branch this week and succeeded in causing the business to close its doors, albeit temporarily. The Bank of America in Bernal Heights, a district of San Francisco, was confronted…
BofA mulls more asset sales to boost capital
(Reuters) - Bank of America Corp is lagging behind its major U.S. competitors in complying with new capital rules, leading the bank to consider even more asset sales, sources said. The bank’s management is focused on not being an outlier compared to its peers and believes it has “viable alternatives” to increase…
BofA’s Countrywide to pay $335 million over bias case
WASHINGTON (Reuters) – Bank of America Corp’s Countrywide Financial unit agreed on Wednesday to pay a record $335 million to settle civil charges that it discriminated against minority homebuyers, a historic settlement for the Obama administration in the wake of the subprime mortgage morass. As the financial crisis was building in 2008, Bank of America bought…
Sen. Bernie Sanders: Money plays ‘horrendous role’ in Congress
Sen. Bernie Sanders (I-VT) slammed the U.S. Supreme Court’s controversial Citizens United ruling Monday on CNN. The decision held that corporations have the same First Amendment rights as people, and that political spending is free speech. The ruling allowed corporations to spend unlimited amounts of money to influence elections, so…
‘Occupy Homes’ figure: Bank of America is one of the biggest criminals
After being in the middle of the Occupy Our Homes day of action earlier in the week, Alfredo Carrasquillo sat down for an interview on Up with Chris Hayes Saturday morning. Despite risking arrest for staying in a home owned by Bank of America, Corrasquillo was determined to keep his…
Bank’s leaked email admits ‘Occupy’ movement ‘could impact our industry’
A national effort to reclaim vacant properties has one of the country’s largest lenders scrambling. The financial website Zero Hedge has allegedly obtained a memo from Bank of America’s field services operation warning, “We need to make sure we are all prepared.” Vocal New York organizer Sean Barry told Raw…
Police arrest 15 at Massachusetts foreclosure protest
AMHERST, Mass (Reuters) – Fifteen people were arrested at a sit-in against home foreclosures at a Bank of America branch in Massachusetts on Monday, while Tea Party supporters demonstrated across the street, organizers and police said. Roughly 350 supporters of New England tenants and former homeowners complaining about foreclosures by…
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