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  • Education Activists Take School Closing Fight To City Hall (VIDEO)


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    A few hundred education activists kicked off the last day of the Chicago Teachers Unions (CTU) three-day march against school closings at William J. & Charles H. Mayo Elementary School Monday morning. Mayo students were expected to come out of the school for a performance that was set to include singing, ...
    5 days ago
  • Sinbad Files for Bankruptcy … Again


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    DatzHott.com - "Where Everything Cool is Hott!" Dang, Sinbad says he’s broke again. Sinbad filed for bankruptcy for the second time since 2009. Poor guy. Last month he filed chapter 13 bankruptcy. The comedian whose real name is David Adkins, says he owes $10,991,715 in debt and only has $131,000 in ...
    5 days ago
  • Bank of America Corp (BAC) Case Burns JPMorgan Chase & Co. (JPM)


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    In the swirl of lawsuits facing the big banks over mortgage-backed securities, things can change seemingly on a daily basis. A recent example can be found in the sudden settlement between Bank of America Corp (NYSE:BAC) and mortgage insurer MBIA Inc. (NYSE:MBI) , a squabble that had been brewing for some time, ...
    5 days ago
  • Bank of America Department of Justice Flag Removal


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    Recently I have been made aware that Bank of America has been removing eligibility flags from loans that were formally eligible for the Department of Justice loan modification program.  I noticed that many new clients that had been previously denied were not being reconsidered for the Department of Justice Loan ...
    5 days ago
  • IRS Files $3.4 Million Tax Lien on Mary J. Blige


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    By Maurice Bobb The Internal Revenue Service wants to know “Whats the 411?” on Mary J. Blige not paying her taxes. According to TMZ , the R&B Queen owes $3,426,255.43 to Uncle Sam for unpaid income taxes for the years 2009, 2010 and 2011. Records show that the IRS officially filed a federal tax lien ...
    5 days ago
  • Dow Jones Industrial Average (.DJI) Pushes Forward After Early Trading Slump


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    The Dow Jones Industrial Average (INDEXDJX:.DJI) fell sharply shortly after the market opened, losing 39 points. But the index was making its way back to breakeven, with peaks that just missed the heights of Friday’s close — until 11 a.m. EDT, when the Dow Jones Industrial Average (INDEXDJX:.DJI) surged past ...
    5 days ago
  • Bank of America Corp (BAC)’s Foreclosure Drill: What To Know


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    When New York Attorney General Eric Schneiderman announced his intention to sue Wells Fargo & Co (NYSE:WFC) and Bank of America Corp (NYSE:BAC) over scores of alleged breaches of last year’s $26 billion fraudclosure settlement, Bank of America Corp (NYSE:BAC) got tough. Almost immediately, the bank’s ...
    5 days ago
  • UPDATE: Bank of America Raises PT on Tesla Motors Following Equity Offering Completion


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    In a report published Monday, Bank of America analyst John Lovallo II reiterated an Underperform rating on Tesla Motors (NASDAQ: TSLA ), and raised the price target from $37.00 to $39.00. In the report, Lovallo noted, “Tesla completed an equity offering that should provide gross proceeds of approximately $415mm ...
    5 days ago
  • BofAML: Market Neutral Funds Increase Exposure To 16% Net Long


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    Market neutral hedge funds increased their market exposure to 16% net long, as of mid-May, approaching a 2012 high, according to the latest Bank of America Merrill Lynch Hedge Fund Monitor . read more
    5 days ago
  • Are US Banks Playing with Fire in the Commercial Loan Market?


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    As interest rates remain historically low, the biggest U.S. banks are seeing the need to increase the volume of lending to businesses. The dramatic uptick in commercial and industrial loans is adding significant risks for banks that have with fire in the past and gotten burned. Regulators are aiming to tighten ...
    5 days ago
  • Titan goes for dreams after college


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    As graduation approaches, students might be filled with uncertainty of what the next step is in life and they can also be frightened of stepping in to the “real world.” Jimmy Huynh, 20, a business administration and finance major, is one of those students that will be graduating this week. But for Jimmy walking ...
    5 days ago
  • Teaching Children About Money – Stacking Benjamins Episode #1


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    Subscribe to the podcast through iTunes and new episodes will show up every week! Never subscribed to a podcast before? Here’s Apple’s fantastic tutorial. The Stacking Benjamins website isn’t yet ready, but the first episode of our new podcast is complete and hot off the grill! THE Shannon Ryan from ...
    5 days ago
  • Editorial: Derivatives Reform on the Ropes


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    Is real change merely difficult, or impossible?        
    6 days ago
  • Bank of America Corp (BAC), Citigroup Inc (C): Is the Stock Market Getting Frothy?


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    Given that the Dow Jones Industrial Average (Dow Jones Indices:.DJI) recently crossed the 15,000-point threshold for the first time in history, it should come as no surprise that there’s an ongoing debate about whether stocks are headed for another bubble. The title of a recent CBS MoneyWatch article sums up the ...
    6 days ago
  • Former I.B.M. Chief, Palmisano, to Lead Bloomberg Privacy Review


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    The company named Samuel J. Palmisano, former I.B.M. chief, to review its practices after complaints that Bloomberg reporters were snooping in data terminals.        
    1 week ago
  • Jonas Brothers Boston 2013


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    Planning to see Jonas Brothers this Summer in Boston? The live concert is Monday, July 22nd, 2013 at the Bank of America Pavilion and starts at 7:30 PM. Bank of America Pavilion former names: Harbor Lights Pavilion FleetBoston Pavilion Directions & Map Other Upcoming events at Bank of America Pavilion ...
    1 week ago
  • Landscape Designer Margie Ruddick Brings a New Meaning to Green Design


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    Landscape designer Margie Ruddick’s “Urban Green Room,” the first permanent living indoor installation, helped her win a National Design Award last week. Photo by Sam Oberlander “Nature” is probably the last word that comes to mind when most people think about urban design. That’s not the case for ...
    1 week ago
  • Power Plants Cut CO2 Emissions 7% in Three Years


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    US power plants cut emissions from nitrous oxides (NOx), sulfur dioxide (SO2) and CO2 in 2011 even as overall electricity generation increased, according to data from the Energy Information Administration and the EPA. In 2011, power plant NOx and SO2 emissions were 70 percent and 72 percent lower, respectively, than ...
    1 week ago
  • LAWYER BONANZA!: Wells Fargo Foreclosing on Homeowner Who Made all Payments and Paid Extra


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    WELLS FARGO MAKES HUGE ERROR ADMITTING LACK OF POWER TO BIND CREDITOR TO MODIFICATIONS OR SETTLEMENTS The simple truth is that the banks are not nearly as interested in the property as they are in the foreclosure. It is the foreclosure sale that creates the illusion of a stamp of approval from the state ...
    1 week ago
  • Bangladesh and Banks: Why Both May No Longer Be Too Big to Fail


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    Much like the banking industry in the US, the Recent tragedy in Bangladesh is “Too Big To Fail” What do the recent tragedy in Bangladesh and the state of this country’s banking industry have in common? At first blush you might say nothing, but scratch just below the surface and you will see there are many ...
    1 week ago

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