Bank of America


Countrywide discrimination settlement reached

Dec 22, 2011
Countrywide was accused of steering more than 200,000 black and Hispanic borrowers into risky subprime loans during the housing bubble. But is the practice really over now?
Posted In: Countrywide, Bank of America, subprime, discrimination

Bank of America stock tumbles below $5 a share

Dec 20, 2011
Bank of America's troubles continue, as their stock prices fall below $5, the lowest level since March 2009
Posted In: Banks, Bank of America

What's wrong with Bank of America's website, and new Disney in 3D

Oct 4, 2011
This final note on the way out today. Something's rotten in Charlotte, and Bank of America's not talking....
Posted In: Bank of America, disney, Final Note

Debit downer: BofA to charge card fee

Sep 29, 2011
Five bucks a month. That's what you'll be paying for a Bank of America debit card starting next year.
Posted In: Bank of America, Marketplace Daily Pulse, News Brief, The Breakdown: Economy

What's better: A share of B of A, or a debit fee?

Sep 29, 2011
This final note today. One share of Bank of America could be had at the close this afternoon for $6.35. The country's biggest bank's been in some...
Posted In: Bank of America, debit cards, Final Note

Another round of downgrades

Sep 21, 2011
This final note today, which will come with a quiz at the end. Moody's, the ratings agency, downgraded three of the biggest big banks this morning...
Posted In: Bank of America, Banks, downgrade, Moody's

BofA to cut 30,000 jobs

Sep 12, 2011
As part of an effort to cut expenses by $5 billion a year over the next two years, U.S. banking giant Bank of America confirmed today that it will...
Posted In: Bank of America, job cuts, layoffs

Executive-Level Exfoliation at Bank of America

Sep 7, 2011
Bank of America shook up its executive ranks in what the firm euphemistically calls "de-layering." This meaningless bit of corporate jargon - de...
Posted In: Bank of America, Wall Street

So, is Bank of America safe now?

Aug 25, 2011
The news today that Warren Buffett made a $5 billion investment in Bank of America lifted the company's stock, along with most of the financial s...
Posted In: Bank of America, The Breakdown: Markets, Warren Buffett

The all-time champion recipient of federal aid from the financial crisis?

Mar 16, 2011
This final note today, in which I somehow naively hope will be the last time we'll have to say the word "TARP" on this program....
Posted In: Bank of America, Citigroup, financial crisis, TARP